Dreamfolks Services Limited — Others, 20-11-2024: Appointment

The Board of Directors has appointed Mr. Sunil Kulkarni as an Additional Director, designating him as an Independent Director effective November 21, 2024, for a term of two years until November 20, 2026, pending shareholder approval. Mr. Kulkarni, with over 36 years of cross-industry experience, currently serves as CEO of the Business Correspondents Federation of India and boasts a strong background in technology-led businesses and financial inclusion initiatives.

This strategic appointment may strengthen the company's governance and operations, enhancing its focus on digital financial services. Investors may view this move positively, as Mr. Kulkarni's expertise could drive growth and innovation within the company.