In view of change in role of Shri Sushil Dugar from Chief Operating Officer (Logistics Services) to Officer on Special Duty with effect from 19th May, 2026, he has ceased to be part of ....
BALMLAWRIE · price
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On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.0 pts less than its Diversified peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Shri Sushil Dugar has been reassigned from Chief Operating Officer (Logistics Services) to Officer on Special Duty effective 19th May, 2026. As a result, he has ceased to be part of the company's Senior Management as defined under SEBI Listing Regulations. The change has been disclosed under Regulation 30 of the SEBI Listing Regulations. This appears to be an internal restructuring rather than a departure, as Dugar retains a role within the company albeit without Senior Management status.
The stock may see minor reaction given this is an internal role change rather than a full departure. The logistics operations may be affected in the interim as the COO position is restructured.