StockWatch
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Investment Company
Management Change23 May 2026, 05:31 pm

Sakthi Finance Appoints S Arumugam as Internal Ombudsman

AI Summary

Sakthi Finance Ltd's Board of Directors approved the appointment of Sri S Arumugam as the Internal Ombudsman for a period of 3 years effective from May 23, 2026. This appointment is in compliance with Regulation 30 of the Listing Regulations. Sri S Arumugam replaces Sri C Rajasekaran, whose term has ended. S Arumugam's profile includes experience with Transport Corporation of India Limited and Sakthi Finance Limited.

Key Highlights

  • Sri S Arumugam appointed as Internal Ombudsman for 3 years.
  • Appointment effective from May 23, 2026.
  • Replaces Sri C Rajasekaran whose term ended.
  • Appointment complies with Regulation 30 of Listing Regulations.
  • S Arumugam has experience with Transport Corporation of India and Sakthi Finance.