At the board meeting held on January 20, 2017, GRUH Finance Limited approved the appointment of Ms. Bhavna Doshi as an Independent woman Directors with effect from January 20, 2018 for a term of five years, subject to approval of shareholders of the company. The company also approved the appointment of Ms. Renu S Karnad as an additional director of the company. The appointment would come into effect from February 1, 2018.