BSEAlfa Ica India LtdHighNeutral
Announced Sat, 23 Aug · 14:44 IST

outcome of bm

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alfa Ica India Ltd's board, which met on August 23, 2025, approved the re-appointment of Mr. Rishi Tikmani as Managing Director (elevated from Whole-time Director) and Ms. Pooja Tikmani as Women Joint Managing Director (elevated from Women Executive Director), both for a three-year term from October 1, 2025 to September 30, 2028, subject to shareholder approval at the upcoming AGM. The two directors are siblings (brother and sister), and both have been with the company for many years. The 34th Annual General Meeting has been scheduled for Saturday, September 27, 2025 at 3:30 p.m. at the registered office in Ahmedabad. The Register of Members and Share Transfer Books will remain closed from September 20 to September 27, 2025, with September 19, 2025 fixed as the cut-off date for remote e-voting eligibility.

Likely market impact

This is a routine leadership continuity move, with the existing promoter-family directors being elevated to the top executive roles for another three-year term. Shareholders will vote on these appointments at the AGM on September 27; no immediate impact on stock price is expected barring any opposition or unexpected disclosure.