Announced Wed, 5 Aug · 17:57 IST
Re-appointment of Mr. Hemang Shah as Executive Director for 5 years
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
-5.9%1-day move
₹1461.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.9-5.5-5.9-5.5-5.9—————
Up moveDown movePending
AI summary
The Board of Directors approved the re-appointment of Mr. Hemang Shah as Executive Director for a 5-year term from July 02, 2026 to July 01, 2031, subject to shareholder approval at the upcoming AGM. He has been associated with the company for over two decades and has more than 30 years of industry experience. He holds a B.Com and MSW degree and is not related to any other director on the board. The company confirmed he is not debarred from holding the office of Director by MCA, SEBI, or any other authority.
Likely market impact
Routine governance action ensuring leadership continuity. No material impact expected on the stock.