StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting2 Feb 2026, 07:02 pm

Sundaram Finance Ltd Re-appoints Whole-time Directors for Five Consecutive Years

AI Summary

Sundaram Finance Ltd has informed BSE about the re-appointment of Whole-time Directors, Mr. Harsha Viji as Executive Vice Chairman, Mr. Rajiv C. Lochan as Managing Director, and Mr. A. N. Raju as Joint Managing Director. The re-appointments are for a term of five (5) consecutive years for Mr. Viji and Mr. Lochan, and four (4) consecutive years for Mr. Raju, effective from 1st April 2026. The decisions were made based on the recommendations of the Nomination, Compensation and Remuneration Committee and in accordance with applicable regulations.

Key Highlights

  • Re-appointment of Mr. Harsha Viji as Executive Vice Chairman for a term of five (5) consecutive years
  • Re-appointment of Mr. Rajiv C. Lochan as Managing Director for a term of five (5) consecutive years
  • Re-appointment of Mr. A. N. Raju as Joint Managing Director for a term of four (4) consecutive years
  • Effective date of re-appointments is 1st April 2026
  • Re-appointments are subject to the approval of shareholders through postal ballot