SI Capital & Financial Services Ltd — Updates, 13-08-2025: Company Update

S.I.Capital & Financial Services Limited's Board has approved the appointment of Mr. Nijo Michel as an Additional Non-Executive, Non-Independent Director. This decision, following the Nomination and Remuneration Committee's proposal, brings an individual with significant finance experience since 2012, specializing in Chits and Lending business. Mr. Michel's addition aims to bolster the board's expertise, particularly in areas crucial to the company's financial services operations. His appointment is subject to shareholder approval, enhancing the board's strategic oversight and governance.