Rajasthan Securities Bifurcates Chairman & MD Roles

Rajasthan Securities Ltd announced a significant restructuring of its leadership roles following a Board of Directors meeting on August 19, 2026. The company has bifurcated the combined post of Chairman & Managing Director into two distinct positions: Chairman (Non-Executive) and Managing Director (Executive). Consequently, Mr. Nikhilesh Khandelwal's designation has changed from "Chairman & Managing Director & CEO" to "Managing Director & CEO", with him relinquishing the Chairman post. Mr. Ravindra Ramesh Maloo has been appointed as the new Chairman of the Company, effective the same date. The Nomination and Remuneration Committee has also been reconstituted.