Revathi Equipment India Limited Announces Retirement of Senior Management Personnel S. Balasundaram
Revathi Equipment India Limited has announced that Mr. S. Balasundaram, a key member of its senior management team, will be retiring from his services with effect from August 10, 2026. Consequently, he will cease to be a Senior Management Personnel of the Company.The company stated that Mr. S. Balasundaram served in the capacity of Vice President - Marketing (PSU) and Quality Control at Revathi Equipment India Limited. The Board of Directors has expressed sincere appreciation for the valuable contributions and guidance provided by Mr. Balasundaram during his tenure with the organization, noting that the Company has benefited immensely from his experience and commitment.
The retirement marks a change in senior management personnel, which the company stated is not subject to a resignation letter requirement.
Key details regarding the cessation of service are as follows:
| Particulars | Description |
|---|---|
| Name | Mr. S. Balasundaram |
| Designation | Vice President - Marketing (PSU) & Quality Control |
| Reason for change | Cessation as Senior Management Personnel due to retirement |
| Date of cessation | Close of business hours on August 10, 2026 |
| Relationship disclosure | Not Applicable |
RVTH Stock Price Movement
On Monday, Revathi Equipment India Limited shares shed 2.38%, settling at ₹716.00 after plunging by ₹17.45 from the previous close. The stock traded on a total volume of 840 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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