Real Touch Finance has appointed Angalappan Anandakumar as Managing Director, effective September 1, 2026. The Board of Directors approved the appointment during its meeting on August 31, 2026, following his resignation from the Chief Financial Officer role on August 31, 2026.

The company disclosed that Anandakumar was first appointed as an Additional Director effective September 1, 2026, to hold office until the ensuing 41st Annual General Meeting (AGM). His appointment as Managing Director is subject to shareholder approval at the AGM.

Board Meeting Outcomes

The Board meeting held on August 31, 2026, addressed several key governance and leadership matters in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board also approved the reappointment of Mrs. Padmini Ceruseri Srikanth as a Non-executive non-independent director liable to retire by rotation at the 41st AGM. Additionally, based on the recommendation of the Nomination and Remuneration Committee, Mr. Somnath Sarkar was reappointed as a Non-executive Independent Director for a second term of five years, subject to shareholder approval.

Governance Updates

The Board reconstituted the Audit Committee and the Stakeholder Relationship Committee effective September 1, 2026. M/s. BP & Associates, Company Secretaries, was appointed as the Scrutinizer for the 41st AGM.

The company secretary, Varsha Gupta, signed the communication to BSE Limited, requesting the exchange to take the information on record. The Board also took note of the draft Directors Report, Corporate Governance Report, and Management Discussion and Analysis report for the financial year ended March 31, 2026.

Real Touch Finance Limited received regulatory clearance from the Reserve Bank of India (RBI) on August 05, 2026, appointing Angalappan Anandakumar as a director for a five-year term ending July 31, 2031. The approval follows a Board of Directors meeting held on June 26, 2026, where the company sought prior consent for three new director appointments. While the RBI sanctioned Anandakumar’s tenure, it rejected the proposals for Suryanarayanan Meenakshi Sundaram and Ganesan Mageshkumar, meaning their appointments will not proceed. This selective approval ensures continuity in governance while highlighting the regulator’s stringent scrutiny of board composition for non-banking financial companies. The company disclosed these developments under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The RBI’s decision letter, reference number KOL.DOR.NO.S 915/01-01-005/2026-27, explicitly grants approval only for Anandakumar. The rejection of the other two candidates indicates a targeted regulatory stance rather than a blanket endorsement of the board’s expansion plans. Shareholders and investors should note that only one-third of the proposed additions have been validated by the central bank.

Appointment Details

Regulatory Compliance

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with applicable SEBI Circulars. Varsha Gupta, Company Secretary of Real Touch Finance Limited , signed the disclosure filed with BSE Limited. The company’s registered office is located in Howrah, West Bengal, with a corporate branch in Chennai, Tamil Nadu.