Announced Mon, 27 Jul · 15:39 IST

Board re-appoints Managing Director, Whole Time Director and a Director

Management Changes View source PDF

Price

Loading chart…

▲ 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

Board has approved re-appointment of N. Radhakrishnan as Non-Executive Non-Independent Director (retires by rotation, 1 year till AGM 2027). R. Premchander re-appointed as Managing Director for 5 years from 1 Sept 2026, and R. Jaichander re-appointed as Whole Time Director for 5 years from 1 Dec 2026. Both executive re-appointments need shareholder approval at the upcoming AGM. Premchander and Jaichander are brothers. Premchander holds 18.58 lakh shares and Jaichander holds 19.13 lakh shares in the company.

Likely market impact

Routine continuity at top management; no change in leadership or strategy. Awaiting shareholder approval at AGM.