Appointment of Shareholders Director on the Board
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Haryana Financial Corporation (HFC) has appointed Shri M.K. Chopra as a Shareholders Director on its board. The appointment was made through a Special Resolution passed by shareholders at a meeting held on 25.03.2026, and the formal letter of appointment was issued on 30.03.2026. The appointment is under Section 10(e)(i) read with Section 9(2) of the State Financial Corporations (SFC's) Act, 1951. Shri Chopra is a Commerce Graduate with 35-40 years of directorship experience across various State Financial Corporations, including prior stints at HFC (~6 years), J&K SFC (~18 years), and Punjab SFC (~12 years).
This is a routine board-level appointment with no immediate material impact on shareholders. The appointee brings extensive prior experience with HFC and other state financial corporations, suggesting continuity in governance.