Announced Tue, 27 Jan · 17:40 IST

Change in Directorate

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

Andrew Yule & Company Ltd has informed BSE that Shri Kulbhushan Malhotra has been appointed as a Part-time Official Director (Government Nominee) on its Board with effect from 27th January 2026. He holds a DIN obtained on the same date and has declared that he is not debarred from holding a directorship by SEBI or any other authority. Malhotra brings over 34 years of government service experience, including stints at the Department of Personnel & Training, Ministry of Communications, and is currently serving as Deputy Secretary in the Ministry of Heavy Industries since October 2025. As a Government Nominee on a central PSU board, his appointment is part of the standard governance process rather than an independent or executive hire.

Likely market impact

This is a routine government-nominee board appointment at a central PSU and is unlikely to materially affect the stock price or shareholder value in the short term. Investors should note that major policy and strategic decisions may continue to be influenced by the administrative Ministry of Heavy Industries.