BSEMediumNeutral
Announced Sat, 24 May · 14:37 IST

As per attached intimation

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NBCC (India) Limited has appointed Shri Vishal Puri (DIN: 11121276) as Additional Director (Independent) on its Board, effective May 23, 2025, for a period of three years. The appointment follows an order from the Ministry of Housing and Urban Affairs (MoHUA) dated May 20, 2025, designating him as a Non-Official Independent Director (NOID). Mr. Puri is a Chartered Accountant based in Chandigarh with qualifications in law and information systems audit, and 17 years of experience in accountancy, taxation, audits, and financial management. He holds no shares in NBCC and has no inter-se relationship with any other director on the Board.

Likely market impact

This is a routine government-nominee independent director appointment for a public sector undertaking. It is not expected to materially affect the stock price but completes a regulatory board composition requirement.