Kanungo Financiers Limited announced that at its AGM held on September 21, 2017, Mr. Sachin Adani, who was appointed as additional director of the company by the board of directors, became disqualified to act as director in the company. So board decided to remove him as directorship. To regularize Umaira Bano Ansari, who was appointed as additional director of the company by the board of directors.