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IIFL Finance announced that its shareholders, at the recent Annual General Meeting, approved the retirement of Mr. Arun Kumar Purwar as a Non-Executive Director. His cessation of directorship is effective, resulting from his retirement by rotation. This planned change in the board's composition is a standard corporate governance event, reflecting the routine cycle of director tenures. For stakeholders, this confirms an expected transition in leadership, maintaining the company's commitment to established governance practices.