The board has appointed Mr. Chetash Mehta, a banking professional with 15 years of experience from HDFC Bank, as an Additional Non-Executive Independent Director for five years. This move adds valuable expertise in branch operations and business development to the board. Concurrently, Mr. Kurang Ramchandra Panchal's role has been elevated from Managing Director to Chairman and Managing Director for five years, consolidating his leadership. The company also reconfigured its Nomination and Remuneration, Stakeholder Relationship, and Corporate Social Responsibility Committees to align with these board changes, aiming to enhance governance and strategic direction.