Power Finance Corporation Limited — Important, 16-04-2025: General Updates

PFC has announced a change in senior management with the promotion of several officials to the position of Executive Director. Key promotions include:

1. **Sh. Rajesh Kumar Agarwal**: Previously CGM (Lending Policy Compliance Unit) with over 30 years of experience; holds a degree in ICWA.

2. **Smt. Jasneet Guram**: Formerly CGM (RM-International/Investor Relations/ESG), brings over 24 years of experience and holds an MBA in Finance.

3. **Sh. Venugopal Yakasiri**: Previously CGM (Corporate Planning & Strategy), has over 27 years of experience with degrees in BE (Electronics and Communication) and MBA (Finance).

4. **Sh. Srinivasa Arunachalam Bhimakuntla**: Former CGM (IPP & NBU-1), holds degrees in BE (Mechanical) and MBA (Finance) with over 30 years of experience.

5. **Sh. Venkata Subba Rao Dasari**: Prior CGM (Loan Recovery), has over 30 years of experience and an MBA in Finance.

6. **Sh. Praveen Verma**: Previously CGM (Legal & Documentation), has a Law degree and over 30 years of experience.

7. **Smt. Priya Kumar**: Formerly CGM (Solar Wind Project Processing Cell), holds B.E. (Electrical) and MBA (Finance), with over 27 years of experience.

This restructuring aims to strengthen management capabilities, potentially enhancing operational efficiency and strategic execution at PFC. Shareholders should monitor these leadership changes closely, as they may influence the company's future direction.