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GIC Housing Finance LimitedOthers, 24-03-2025: Shareholders meeting

24-03-2025 · 05:42 pm

GIC Housing Finance Ltd. has submitted the remote e-voting results for the postal ballot concerning the appointment of Shri Sachindra Salvi as Managing Director and CEO, effective March 1, 2025. A significant 50.32% of outstanding shares voted, with an overwhelming 99.82% in favor of the resolution. This strong support reflects positive shareholder sentiment, suggesting a stable leadership transition intended to enhance operational efficiency. Investors may view this appointment as a strategic move that could bolster governance and drive growth in the company, presenting an optimistic outlook for future performance.

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