Golden Goenka Fincorp Ltd. announced that the Board of Directors of the company at its meeting held on July 30, 2014 approved the appointment of Mr. Chandra Kumar Chandak, Mr. Rhythm Arora and Mr. Niranjan Kumar Choraria, existing Independent Directors of the company as Independent Directors for the consecutive period of 5 years from the conclusion of the forthcoming 21st Annual General Meeting of the Company till the conclusion of 26th Annual General Meeting.