Mr. Bontha Prasada Rao, Independent Director at Poonawalla Fincorp, will conclude his tenure on December 9, 2025, after completing his second term. The company acknowledges his significant contributions and support during his time on the Board. He also served as chairperson and member of various committees.
Independent Director’s Departure
Poonawalla Fincorp announces that Mr. Bontha Prasada Rao (DIN: 01705080), an Independent Director, will be stepping down from his position, effective at the close of business hours on December 9, 2025. This follows the completion of his second tenure as an Independent Director of the Company.
Contributions Acknowledged
During his tenure, Mr. Rao also served as a chairperson and member of various committees of the Board. Poonawalla Fincorp’s Board and management have expressed their gratitude for his invaluable contributions, guidance, and support throughout his service as an Independent Director.
Effective Date
The cessation of Mr. Bontha Prasada Rao’s role as Independent Director will be effective from the close of business hours on December 9, 2025.
Source: BSE
