Repco Home Finance Limited — Others, 11-04-2025: Appointment

Repco Home Finance Limited has announced a board meeting focused on the appointment of Mr. Thangappan Karunakaran as Managing Director & Chief Executive Officer (CEO), effective from 11th April 2025, for a three-year term. Shareholder approval via Postal Ballot was successfully acquired for this appointment. Mr. Karunakaran, who has over 33 years of experience in housing finance, previously served as Chief Operating Officer and has a strong background within the company since 2004. He has also resigned from his role as COO, which reflects a strategic leadership transition. This change may foster a positive outlook among investors, given Mr. Karunakaran's extensive experience and established track record within the organization.