Small Industries Development Bank of India, Mumbai, vide letter dated 30th September, 2021, nominated Shri C.V. Arun Kumar, Deputy General Manager, Ahmedabad Branch of SIDBI, as a Director on the Board of Directors of the Corporation pursuant to Section 10 (c) of State Financial Corporations Act, 1951 and he assumed office on 6th October, 2021. Shri AL Ravindran ceased to be Director on the Board of Directors of the Corporation with effect from 5th October, 2021 (AN). Intimation and brief profile is attached.