Real Touch Finance Limited has received approval from the Reserve Bank of India (RBI) for the appointment of Mr. Chinnian Mani Sundarraj as a Director. This approval is valid until September 1, 2031. The company had previously sought this prior approval from the RBI, following its Board of Directors’ decision during a meeting held on July 31, 2026, to facilitate the appointment.
RBI Approval Secured for Director Appointment
Real Touch Finance Limited announced today that it has received formal approval from the Reserve Bank of India (RBI) for the appointment of Mr. Chinnian Mani Sundarraj as a Director of the Company. This significant regulatory clearance was communicated via a letter from the RBI, bearing reference number PRV.KOL.DOR.2026-2027.P271, and is dated September 3, 2026.
Appointment Details and Tenure
The approval grants Real Touch Finance the go-ahead to have Mr. Chinnian Mani Sundarraj serve as a Director. His tenure is set to extend until September 1, 2031. The company had initiated this process by filing applications with the RBI seeking prior approval, a step undertaken subsequent to the decision made by its Board of Directors during their meeting on July 31, 2026. This development aligns with the company’s ongoing governance and management succession planning.
Source: BSE