BSESakthi Finance LtdMediumNeutral
Announced Tue, 10 Mar · 14:41 IST

Considering and Approving the Appointment of Sri S Rajendran as Head of Internal Audit of the Company with effect from 1 April 2026 for a period of three years.

Management Changes View source PDF

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AI summary

Sakthi Finance's Board has appointed Sri S Rajendran as the Head of Internal Audit for a three-year term starting 1 April 2026. 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 brings over 30 years of operations experience. The appointment was recommended by the Nomination and Remuneration Committee and the Audit Committee at their meetings on 9 and 10 March 2026. This is a routine senior management change disclosed under SEBI Listing Regulations.

Likely market impact

This is a routine internal succession with no material impact on shareholders or the stock price. It reflects orderly continuity in the internal audit function ahead of the new financial year.