The Company has received prior approval from the Reserve Bank of India for change in management of the Company vide letter dated 18.08.2025.
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Ramchandra Leasing & Finance Ltd (RLFL), a BSE-listed NBFC, has received prior approval from the Reserve Bank of India (RBI) for a change in its management. The approval came via RBI letter dated August 18, 2025, under the NBFC Master Directions. The change involves the appointment of new individuals as Directors of the company. The effective date of these appointments and further filings with the Ministry of Corporate Affairs will be communicated in due course. The current signatory on the filing is Whole Time Director Pradeep Saremal Jain.
This is a regulatory clearance that paves the way for new Directors to join the board, which could bring changes in strategic direction. Shareholders should watch for the next announcement identifying the new appointees and the effective date, as this will clarify the nature of the management change.