Considering and Approving the Appointment of Sri S Rajendran as the Head of Internal Audit of the Company with effect from 1 April 2026 for a period of three years.
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Sakthi Finance Ltd has appointed Sri S Rajendran as the Head of Internal Audit (HIA) for a period of three years with effect from 1 April 2026. This appointment was approved by the Board on 10 March 2026, based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. He replaces Sri K Guruprasad, whose one-year term as HIA ends on 31 March 2026. Sri S Rajendran is an internal appointee, currently serving as Deputy General Manager (Management Services) at the company, and holds over 30 years of experience in operations. He is not related to any of the Directors on the Board.
This is a routine internal management transition with no material impact on shareholders. The appointment of an internal candidate to a key audit oversight role suggests continuity in internal controls and governance processes.