Announced Fri, 26 Jun · 13:00 IST
Postal ballot results: new independent director appointed, MD drops CFO role
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
-4.4%1-day move
₹3.16
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-4.4-4.7+0.0-4.7-3.5+1.3————
Up moveDown movePending
AI summary
Two resolutions passed via postal ballot with about 99.998 percent approval. Ms. Sakshi Dubey appointed as Non-Executive Independent Director. Mr. Rajesh Balbir Kapoor designation changed from Managing Director and CFO to only Managing Director, separating the CFO function. E-voting held from May 27 to June 25, 2026.
Likely market impact
New independent director adds to board strength. Separating MD and CFO roles improves governance and brings clearer checks at the top.