BSEBHAGWATI AUTOCAST LTD.MediumNeutral
Announced Wed, 22 Jul · 18:51 IST

Re-appointment of Independent Director Mr. Shantanu Chitranjan Mehta for second term

Management Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+19.5%1-day move
₹580.95
prior close
₹660.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.8-1.8-0.5+19.5+18.4
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AI summary

Bhagwati Autocast Ltd's Board has approved the re-appointment of Mr. Shantanu Chitranjan Mehta as a non-executive Independent Director for a second term of five years, from September 23, 2026 to September 22, 2031. The move is subject to shareholder approval at the upcoming 44th Annual General Meeting. Mr. Mehta has 22 years of industry experience and 18 years in academics, with expertise in accounting, financial management, investment, and portfolio management. He is not debarred by SEBI and has no relation with any current directors or KMPs.

Likely market impact

Routine governance update. Re-appointment signals board continuity for the independent director; final approval pending at the 44th AGM.