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The Motor & General Finance Limited has announced a board meeting to discuss the appointment of Smt. Leena Tuteja as Non-Executive Independent Director for a term of five years, effective September 17, 2024. The special resolution for this appointment was approved via postal ballot and remote e-voting, with a substantial majority of votes cast in favor. This move strengthens the board's independence and expertise, potentially enhancing governance and strategic direction. Investors may view this positively, reflecting a commitment to robust leadership and corporate governance practices.