Power Finance Corporation announces senior management changes

Power Finance Corporation (BSE:PFC) announced the cessation of Shri Pranab Kumar Sinha, Executive Director, and Sh Sanjay Mehrotra, Executive Director, from their roles within the company, effective February 28, 2025. This change comes as both individuals reach the age of superannuation. According to the official filing, these changes are being implemented in compliance with Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. The company affirmed that further details related to brief profiles and relationships with directors are 'not applicable' in this specific context. Manish Kumar Agarwal, Company Secretary & Compliance Officer, officially signed and released this intimation.