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The Board of Directors of GIC Housing Finance Ltd. has convened and approved several key resolutions. The unaudited financial results for the quarter and half-year ending December 31, 2024, were reviewed and show a net profit of ₹49.71 crore. The board has also appointed Shri Sachindra Salvi as Additional Director (Managing Director & CEO) effective March 1, 2025, pending shareholder approval. Furthermore, M/s Gokhale & Sathe have been recommended as Statutory Auditors for a term of three years, subject to the upcoming AGM's endorsement. A contract renewal for Shri Nirhankar Nath Verma (Senior Management Personnel) has been approved for another year.