Real Touch Finance Ltd has secured Reserve Bank of India approval for the appointment of Chinnian Mani Sundarraj as a director. The regulatory clearance confirms the board composition approved earlier this year.

The company notified BSE Limited on September 3, 2026, regarding the receipt of the approval letter from the RBI. The regulator granted permission under reference number PRV.KOL.DOR.2026-2027.P271.

Appointment Details

The Board of Directors had initially approved the filing for Mr. Sundarraj’s appointment during its meeting held on July 31, 2026. The company subsequently filed applications with the RBI seeking prior approval for the role.

The RBI has approved the appointment for a tenure extending up to September 1, 2031. This aligns with the standard five-year term for director appointments in non-banking financial companies regulated by the central bank.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that it is informing the stock exchange to ensure transparency with investors regarding changes in its key managerial personnel.

Varsha Gupta, Company Secretary of Real Touch Finance Limited, signed the intimation letter addressed to Phiroze Jeejeebhoy Towers in Mumbai.

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.