S M Narasimha Swamy is an Independent Director of our Company. He holds a bachelor’s degree in commerce and a master’s degree in commerce, each from Sri Venkateswara University, Tirupati. He has passed the Associate Examination of the Indian Institute of Bankers (now known as Indian Institute of Banking and Finance) (“IIB”) and is a certified associate of IIB. He was a former regional director of the RBI where he had served in various capacities for 33 years, including in managerial roles and with Department of Supervision for 11 years. He joined RBI as a Direct Recruit Officer in Grade ‘B’ (Manager) in 1990 and rose to the rank of Principal Chief General Manager and retired as Regional Director from Chennai office in 2023. He has experience in currency management, supervision over Non-Banking Financial Companies and has served in banking supervision at the central office of RBI, Mumbai.

His directorship and full-time positions in body corporates are as follows:

• Vikasam Financial Services Private Limited

• Transaction Analysts (India) Private Limited