Satin Creditcare Network Limited announced the resignation of Mr. Arthur Sletteberg - Non-Executive Non-Independent Nominee Director (DIN: 07123647), representing Nordic Microfinance Initiative Fund III KS, has resigned from the Directorship of the Company by a letter dated May 29, 2020 with effect from May 30, 2020 due to his pre-occupation; and appointment of Mr. Christian Ramm as Non-Executive Non-Independent Nominee Director (DIN: 08096655), representing Nordic Microfinance Initiative Fund III KS with effect from May 30, 2020. Mr. Christian B. Ramm is Investment Director at Nordic Microfinance Initiative (NMI).