Announced Mon, 29 Jun · 23:38 IST
Bacil Pharma Withdraws Independent Director Appointments
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
-3.4%1-day move
₹41.20
prior close
₹41.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.4-2.9-3.0-4.3-8.0-6.9-20.2———
Up moveDown movePending
AI summary
Bacil Pharma has withdrawn its intimation for appointing Mr. Aayush Shah and Mr. Ankitkumar Surendrakumar Agrawal as Non-Executive Independent Directors. The company states it did not receive the necessary consent and required documents from the proposed directors, so the Board did not approve the appointments. This reverses the earlier intimation dated 29th June 2026 for the same two candidates.
Likely market impact
No change in board composition. The two independent director positions remain vacant, and the company will need to find new candidates.