The shareholders of Kwality Credit & Leasing Limited at its 25th Annual General Meeting regularized the appointment of Ms. Babita Shah (having DIN-07771685) as a Non-Executive Independent director not liable to retire by rotation, to hold office for a term of five consecutive years from 7th April, 2017 to 6th April, 2022 or till such earlier date to conform with the policy on retirement and as may be determined by any applicable statutes, rules, regulations or guidelines thereto.