Shriram Finance Limited at its board meeting held on August 31, 2023, approved the appointment of Mr. S. Ravindran as an Additional Director of the Company in the category of Non-executive Independent Director for a term
of 5 (five) consecutive years commencing from August 31, 2023 upto August 30, 2028. Mr. S. Ravindran aged 61 years, holds a bachelor's degree in Commerce. He is also a Chartered Accountant and Cost Accountant. He has an extensive work experience of 29 years at the Securities and Exchange Board of lndia (SEBI) and was Executive Director during the period from August 2011 to May 2022 handled all major Departments in SEBI and initiated/implemented various policy measures for development/regulation of securities markets relating to Mutual Funds, Corporate Governance, Market Infrastructure Institutions and Market Intermediaries, Market Surveillance and Risk Management, IPOs, Accounting standers Disclosure and Transparency, Corporate restructuring, Takeovers, Buybacks, Delisting, Commodity Derivatives Market, etc. He was also an advisor to Central Bank of Bahrain on deputation from SEBI from January 2005 to January 2010 wherein he drafted and implemented Bahrain's Securities Market/Regulatory Framework as per International Standards and enabled Bahrain to enter into Multilateral MOU with IOSCO. He has also served in various capacities as Chief General Manager, General Manager and Deputy General Manager at SEBI from March 1993 to January 2005. During his association with SEBI he had set up Surveillance Department and developed Integrated Market Surveillance System, handled major investigation cases relating to 1999-2001 Market Manipulations, resulting in various enforcement actions, implemented Accounting Standards through Listing Requirements, cleared more than 200 IPOs as Dealing Division Chief, handled more than 100 investigation cases as Investigating Authority, functioned as quasi-judicial Enquiry /Adjudication Officer, registration of MFs/Market Intermediaries and Inspection of stock exchanges /Market Intermediaries. He also functioned as SEBI Nominee on the Governing Boards of stock exchanges. Currently, he is the Chairman of Intermediaries Advisory Committee of SEBI. He is also an Independent Director on the Board of the National Stock Exchange of India Limited (NSE), LTIDPL Invit Services Limited and as an Additional Director on Tamilnad Mercantile Bank Limited.