Aditya Birla Capital Limited has informed the Exchange regarding 'Approval from RBI regarding appointment of Directors of the Company'.
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Aditya Birla Capital has received RBI approval for two key leadership appointments originally recommended by the Board on 31 March 2025. Ms. Vishakha Mulye has been approved as Managing Director and CEO for a period of 5 years, while Mr. Rakesh Singh has been approved as Executive Director and CEO (NBFC) until 22 July 2027. The approval came via RBI communication dated 22 August 2025, received by the company on 25 August 2025, and is valid for six months. The Board will now convene to formalize these appointments and seek shareholder approval. No financial implications or compliance issues were flagged by the RBI in its communication.
Positive for shareholders — the company's top leadership positions are now cleared by the regulator, bringing stability and continuity to management. Shareholder approval is still pending, and the appointments are expected to take effect shortly after the upcoming Board meeting.