Announced Fri, 13 Feb · 19:23 IST

1. The Board has approved the appointment of Mr. Rohan Mehrotra as Independent Director 2. The Board has approved re-constitution of Committees of the Board of Directors of the Company

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AI summary

On February 13, 2026, the Board of Ramchandra Leasing & Finance Ltd approved the appointment of Mr. Rohan Mehrotra (DIN: 09073372) as a Non-Executive Independent Director for a term of 5 years, subject to shareholder approval at the next general meeting. Mr. Mehrotra is a qualified Company Secretary and B.Com graduate with over 5 years of experience in corporate law, compliance, and governance, including 2.5 years as Head of Secretarial at another BSE-listed company. The Board also reconstituted its committees with immediate effect — Mr. Mehrotra will chair both the Audit Committee and Nomination & Remuneration Committee, while existing directors Reena Sharma, Akhil Mittal, Pratika Sharma, and Rajesh Singh Kaira continue in various committee roles. No inter-director relationships were disclosed.

Likely market impact

This is a routine governance update with no material business or financial impact for shareholders. The appointment fills an independent director seat and brings experienced compliance leadership to the board, though shareholder confirmation is still required.