Announced Mon, 1 Sept · 18:12 IST

Announcement under Regulation 30 (LODR) - Reconstitution of Audit Committee

Management Changes View source PDF

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Awaiting price reaction for this filing.

AI summary

Rithwik Facility Management Services informed BSE that its Board, at a meeting held on September 1, 2025, approved the reconstitution of the Audit Committee effective the same day. The new Audit Committee has three members: Mrs. Anitha Radhakrishnan as Chairman (categorised as Non-Independent Director), Mrs. Shama Prasanna Tipparaju as Member (Independent Director), and Mr. G. Jayaraman as Member (Independent Director). The company filed this under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30). The announcement was signed by S. Jayapandi, Company Secretary & Compliance Officer.

Likely market impact

This is a routine governance disclosure with no direct impact on shareholders or the stock price. Investors may note that the Audit Committee Chairman is a Non-Independent Director, which is worth tracking for governance quality, but the committee otherwise retains two Independent Directors.