Announced Thu, 14 May · 15:14 IST

Please refer attachment.

Management Changes View source PDF

Price

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▲ 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
+3.2%1-day move
₹197.60
prior close
₹200.05
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+3.2+3.7+5.6+5.6+5.2+6.3+7.9+4.7+7.8
Up moveDown movePending
AI summary

The Board of Directors has approved the re-appointment of Mr. Kothapalli Srinivasa Rao as Executive Director - Sales & Administration for a further period of 2 years, effective from 11th June 2026. This re-appointment is subject to shareholders' approval at the upcoming general meeting. Mr. Rao, who holds a Master's in Commerce and PGDCA, has been with the company since 2009 and currently heads the Sales Administration department. He has accumulated 30 years of experience in sales operations, strategic planning, revenue growth, and financial management.

Likely market impact

This is a routine re-appointment of an existing Key Managerial Personnel and does not indicate any leadership change or governance concerns. Shareholders will vote on this re-appointment, which is standard practice for director appointments.