Announced Wed, 22 Jul · 13:27 IST
Board seeks shareholder nod for independent director beyond 75 years
Management Changes View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-6.8%1-day move
₹497.00
prior close
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base price
In-mkt
timing
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————-6.8-3.3-3.2———————
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AI summary
Alufluoride board approved seeking shareholder approval via special resolution for continuance of Sri Yugandhar Meka as Non-Executive Independent Director beyond age 75, under SEBI LODR Regulation 17(1A). His second term runs till 31.07.2029. Approval via postal ballot. Meka is an FCA and former Karvy founder with over 47 years of experience in financial services.
Likely market impact
Routine SEBI compliance item. No operational impact. Director stays on board subject to shareholder vote.