The Board of Directors have, at their meeting held today, i.e Saturday 23 May 2026, approved the appointment of Sri S Arumugam as an Internal Ombudsman for a period of 3 years with effect ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sakthi Finance's Board has appointed Sri S Arumugam as Internal Ombudsman for 3 years effective 23 May 2026. Arumugam (66 years), a B.A. graduate with a Post Graduate Diploma in Industrial Relations and Personnel Management, replaces Sri C Rajasekaran whose term concluded. He previously worked at Transport Corporation of India (1983-1988) and at Sakthi Finance itself from 1988 until his retirement in September 2021, holding various roles across branches and the Credit Department. The appointment complies with SEBI Regulations 30 and 51 requirements for listed entities.
This is a routine regulatory appointment replacing a completed term, with no material impact on operations or governance. The replacement of an internal ombudsman is a standard compliance requirement for listed non-banking finance companies.