Pursuant to Regulation 30 of the SEBI (LODR) 2015, , we hereby inform the change/Appointment of Directors alongwith their full detail as required under SEBI circular 11th November, 2024, ....
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Haryana Financial Corporation (HFC) informed the BSE that its Board, at a meeting held on 13 August 2025, approved the appointment of three directors. Shri Amit Kumar Agrawal (IAS) and Shri Mohammed Shayin (IAS) were nominated by the Haryana State Government as its nominees, while Shri Sonam Chhewang was nominated by the Life Insurance Corporation of India (LIC) as its nominee. Shri Mohammed Shayin replaces Smt. Radhika Singh, who ceased to be a director from 13 August 2025. All three appointments are statutory in nature, made under the State Financial Corporations (SFCs) Act, 1951, since HFC is a state-owned PSU. None of the new directors hold equity shares in the company or are related to any Key Managerial Personnel.
This is a routine board reconstitution at a state government-owned PSU, driven entirely by government/LIC nominations. No material impact on minority shareholders or stock price is expected — the changes reflect administrative turnover rather than any strategic or governance development.