Can Fin Homes Limited has informed the Exchange regarding Change in Director(s) of the company.
CANFINHOME · price
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Shri K Satyanarayana Raju, Chairman and Non-Executive Director of Can Fin Homes, has resigned effective December 31, 2025. He was a nominee of Canara Bank, the promoter of the company. His resignation follows his superannuation as Managing Director and CEO of Canara Bank. As a promoter-representative director, his exit is linked to the end of his tenure at the parent bank rather than any issues at Can Fin Homes. Canara Bank is expected to nominate a replacement director on the board in due course.
This is a routine, expected change in board composition driven by leadership succession at the parent bank (Canara Bank). No material impact on operations or stock price is anticipated. Investors should watch for the appointment of a new Canara Bank nominee to the board, which is likely to follow soon.