Real Touch Finance identifies three directors subject to RBI approval
Real Touch Finance Ltd has identified Angalappan Anandakumar, Suriyanarayanan Meenakshi Sundaram, and Ganesan Magesh Kumar as proposed Directors, subject to RBI approval. The Board accepted the resignation of Non-Executive Director Sundaresan Sampathkumar effective June 25, 2026. The company will file an application on the RBI's PRAVAAH Portal for the new appointments.
*this image is generated using AI for illustrative purposes only.
Real Touch Finance Ltd has identified three individuals for appointment as Directors on its Board, subject to the approval of the Reserve Bank of India (RBI). The Board of Directors approved the identification of Angalappan Anandakumar, Suriyanarayanan Meenakshi Sundaram, and Ganesan Magesh Kumar as proposed Directors during its meeting held on June 26, 2026. The appointments are contingent upon prior regulatory clearance, following which the company will seek shareholder approval.
The Nomination and Remuneration Committee evaluated and recommended the candidates. The company will file an application on the RBI's "PRAVAAH" Portal to facilitate the approval process. These appointments are governed by Chapter III of the RBI (Non-Banking Financial Companies - Governance) Directions, 2025.
Concurrently, the Board accepted the resignation of Non-Executive Director Sundaresan Sampathkumar. His resignation is effective from the close of business hours on June 25, 2026, due to personal and professional commitments. Sampathkumar confirmed there are no material reasons for his departure beyond those stated in his resignation letter.
Board Changes
The following table details the recent changes in the company's Board composition:
| Name | DIN | Role | Status / Effective Date |
|---|---|---|---|
| Angalappan Anandakumar | 09045884 | Director | Subject to RBI approval |
| Suriyanarayanan Meenakshi Sundaram | 11745602 | Director | Subject to RBI approval |
| Ganesan Magesh Kumar | 11790508 | Director | Subject to RBI approval |
| Sundaresan Sampathkumar | 08832266 | Non-Executive Director | Resigned June 25, 2026 |
The company will make the necessary disclosures to the stock exchanges regarding these appointments once they become effective, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Real Touch Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -5.86% | +1.38% | -4.89% | -19.42% | +416.57% |
How will the expertise of the three newly appointed directors influence Real Touch Finance Ltd's strategic direction?
What potential market reactions might arise from the resignation of Non-Executive Director Sundaresan Sampathkumar?
How could the regulatory approval process on the RBI's 'PRAVAAH' Portal impact the timeline for these appointments?
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
