Announced Wed, 25 Mar · 18:35 IST

Intimation for change is directorate as the same has been approved at Extraordinary General Meeting.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹116.60
prior close
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+2.8+4.6+8.4+5.6+6.1+4.0+1.7+2.1+8.1+6.5
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AI summary

Bansal Roofing Products informed BSE that shareholders at an EGM held on March 25, 2026 approved two board changes. First, the appointment of Ms. Nishi Brahmkhatri (DIN 11458458), a 26-year-old Chartered Accountant, was regularised as a Non-Executive Independent Director for a 5-year term from January 24, 2026 to January 24, 2031. She has no shareholding, no directorships in other listed companies, and is not related to any Director or KMP. Second, Mr. Ravi Bhandari (DIN 06395271) was re-appointed as an Independent Director for a second 5-year term effective February 5, 2026. Mr. Bhandari is a Civil Engineer with over 29 years of corporate experience, including senior roles at Reliance Industries, Bharti Airtel/Infratel, Indus Towers (as CEO of Gujarat Circle), and as CEO of Shalby Limited, where he led its 2017 IPO.

Likely market impact

This is a routine governance update — an independent director's earlier appointment is being formalised through shareholder approval, and a sitting independent director is being renewed. No material change in control or strategy is indicated, so the stock price is unlikely to react meaningfully.