RIRajkot Investment Trust539495Board key decisions

Board notes RBI supervisory letter, directs priority corrective measures and point-wise compliance

Board of the company met on October 15, 2026 — its 5th meeting of FY 2026-27, from 5.00 p.m. to 06.00 p.m.

By ScoutQuest · Thu 15 Oct 2026, 6:28 PM IST · 2 min read

Board Meeting Date

October 15, 2026

Board Meeting Number

5th meeting of FY 2026-27

RBI Supervisory Letter Date

Supervisory Letter dated July 15, 2026 received from the RBI

What the update says the Board did

• The Board meeting was held on Thursday, October 15, 2026 and ran from 5.00 p.m. to 06.00 p.m. It was the 5th meeting of the Board for the financial year 2026-27.
• The Board considered and took note of a Supervisory Letter dated July 15, 2026 received from the Reserve Bank of India.
• That letter follows a supervisory inspection conducted with reference to the company's financial position as on March 31, 2026.
• Board comments on the matter were enclosed with the disclosure to the exchange.

What the RBI communication relates to, as recorded by the Board

• The Board was apprised of the supervisory concerns highlighted by the RBI in the letter.
• It took note of the responses and explanations presented by the management on the observations raised by the RBI.
• It also took note of the corrective measures proposed to address the identified gaps and to ensure compliance with applicable regulatory requirements.

What the Board has directed the management to do

• Take the necessary corrective and remedial measures on a priority basis.
• Put in place an appropriate monitoring mechanism for timely implementation of the proposed actions.
• Ensure proper maintenance of records and supporting documentation.
• Prepare and submit point-wise compliance to the RBI, duly approved by the Board, within the prescribed timeline, along with such supporting documents as may be required.
• Periodically report the status of implementation of the corrective measures to the Board.

The Board also emphasised strengthening the company's internal controls, risk management systems, regulatory reporting and overall compliance framework, and noted the management's commitment to address the supervisory concerns and comply with applicable RBI directions and regulatory requirements.

How a retail investor might read this

• A supervisory letter is a communication from the regulator after an inspection. The update records that concerns were raised and that a set of corrective measures has been proposed and directed.
• The action points are process-oriented: fixes on priority, monitoring, record-keeping and a point-wise compliance reply to the RBI within a prescribed timeline, with Board approval.
• The update states the Board took the matter on record and noted the management's commitment to compliance. The specific observations of the RBI and the specific corrective measures are not set out in this disclosure.

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