Chennai, January 28, 2025 – TVS Holdings Limited (NSE: TVSHLTD, BSE: 520056) has announced the appointment of Mr. P Sreejith Raj as Chief Compliance Officer (CCO), effective January 28, 2025. The decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee in compliance with Reserve Bank of India (RBI) guidelines for Non-Banking Financial Companies (NBFCs).
Key Details of the Appointment
| Particulars | Details |
|---|---|
| Name | P Sreejith Raj |
| Designation | Chief Compliance Officer (CCO) |
| Effective Date | January 28, 2025 |
| Experience | 14+ years in secretarial & compliance functions, 8+ years in NBFCs |
| Previous Role | Company Secretary, TVS Credit Services Limited |
| Past Experience | Worked at Northern Arc Capital, Hinduja Leyland Finance, and Manappuram Finance |
| Qualification | Company Secretary & Cost Accountant |
Regulatory Compliance & Corporate Governance
- The appointment aligns with RBI’s April 11, 2022 circular on the Role of Chief Compliance Officer (CCO) in NBFCs.
- Disclosure submitted under Regulation 30 of SEBI (LODR) Regulations, 2015.
Management Commentary
R Raja Prakash, Company Secretary, TVS Holdings, stated:"The appointment of Mr. Sreejith Raj reinforces our commitment to strong corporate governance and regulatory compliance. His extensive NBFC experience will be instrumental in ensuring adherence to evolving financial regulations."