Announced Sat, 23 May · 12:52 IST
Outcome of Board Meeting
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
+1.8%1-day move
₹3.82
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.8+3.7+3.7+4.7+4.7——-17.3-20.4—
Up moveDown movePending
AI summary
The Board of Directors met on May 23, 2026 and approved regularization of Ms. Sakshi Dubey as Non-Executive Independent Director. More significantly, Mr. Rajesh Balbir Kapoor's designation changed from Managing Director and CFO to only Managing Director, meaning he stepped down from the CFO role. The company also approved a Postal Ballot Notice with e-voting from May 27 to June 25, 2026, appointing NVB & Associates as scrutinizer.
Likely market impact
The CFO position is now vacant. Shareholders should watch for a replacement appointment as losing a CFO mid-term can raise governance concerns for investors.