StockWatch
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Other Financial Services
Management Change26 Jun 2026, 05:11 pm

Real Touch Finance Board Approves New Directors, Notes Resignation

AI Summary

Real Touch Finance Ltd announced that its Board of Directors, in a meeting held on June 26, 2026, approved the identification of three candidates - Mr. Angalappan Anandakumar, Mr. Suriyanarayanan Meenakshi Sundaram, and Mr. Ganesan Magesh Kumar - as potential new Directors. This appointment is subject to the prior approval of the Reserve Bank of India (RBI). The company will file an application via the RBI's 'PRAVAAH' Portal. Additionally, the Board noted the resignation of Mr. Sundaresan Sampathkumar as a Non-Executive Director, effective June 25, 2026, due to personal and professional commitments. The company will make further disclosures post-RBI approval and upon the effective date of the new appointments.

Key Highlights

  • Three new director candidates identified, pending RBI approval.
  • Mr. Sundaresan Sampathkumar resigns as Non-Executive Director.
  • Appointments require RBI's prior approval via PRAVAAH portal.
  • Resignation effective June 25, 2026, due to professional commitments.