RSD Finance Reappoints Rajeev Singh Dugal as Managing Director for Another 5-Year Term

1 min read     Updated on 22 Jul 2025, 09:33 AM
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Overview

RSD Finance Limited's Board of Directors has approved the reappointment of Mr. Rajeev Singh Dugal as Managing Director for another five-year term, starting July 22, 2025, subject to shareholder approval. Mr. Dugal, associated with the company since 1998, has been instrumental in its growth across heat treatment, NBFC, and hospitality sectors. He holds a PGDM from XLRI Jamshedpur and has extensive experience in securities and investments markets.

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RSD Finance Limited , a company with diverse interests in heat treatment, non-banking financial services, and hospitality, has announced the reappointment of Mr. Rajeev Singh Dugal as its Managing Director for another five-year term. The decision, made by the company's Board of Directors, is subject to shareholder approval at the upcoming General Meeting.

Key Details of the Reappointment

  • New Term: Mr. Dugal's new term will commence on July 22, 2025, and last for five years.
  • Current Term: His ongoing tenure as Managing Director is set to conclude on July 21, 2025.
  • Approval Process: The reappointment was recommended by the Nomination & Remuneration Committee and approved by the Board of Directors.

About Rajeev Singh Dugal

Mr. Dugal brings a wealth of experience and expertise to his role:

  • Education: He holds a Postgraduate Diploma in Business Management (PGDM) from XLRI Jamshedpur and a B.Com (Hons) from Hans Raj College, University of Delhi.
  • Business Acumen: Mr. Dugal is described as an accomplished business owner with a keen interest in securities and investments markets.
  • Industry Experience: He has been associated with RSD Finance since 1998 and is credited as the driving force behind the company's significant growth.
  • Diverse Portfolio: Mr. Dugal oversees businesses in heat treatment, NBFC operations, and the hospitality sector.

Family Ties

Mr. Dugal has family connections within the company. He is related to Mrs. Kawaljeet Kaur Dugal as her husband and to Ms. Upneet Dugal as her father.

Company Insights

RSD Finance Limited, with its Corporate Identification Number L17222JH1963PLC013316, has its registered office in Jamshedpur, Jharkhand. The company is listed on both the BSE and the Calcutta Stock Exchange.

Governance and Compliance

The company has emphasized that Mr. Dugal is not debarred from holding the office of Director by any SEBI Order or other authority, adhering to the circular requirements of BSE and the National Stock Exchange of India Limited.

This reappointment signifies the company's continued trust in Mr. Dugal's leadership and vision for RSD Finance Limited's future growth and development across its diverse business interests.

Historical Stock Returns for RSD Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.56%-0.15%-8.12%-13.50%-32.47%+266.67%
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