BSEBizotic Commercial LtdMediumNeutral
Announced Thu, 21 May · 19:03 IST

Appointment of Mr. Dipak hariprasad Dave as Additional Executive Director of the Company w.e.f. 21st may, 2026

Management Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹725.00
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1+2.9+3.4-1.7+3.2+8.0+1.0-0.2-18.9
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AI summary

Bizotic Commercial Limited has appointed Mr. Dipak Hariprasad Dave (DIN: 11731696) as Additional Executive Director effective 21st May, 2026. He currently serves as the company's CFO and brings over 36 years of banking experience, having last worked as Senior Vice President at Axis Bank. The appointment was recommended by the Nomination and Remuneration Committee and Audit Committee. He holds qualifications including M.Com., LL.B., Diploma in Labour Law, and CAIIB. The appointment is subject to shareholder approval at the ensuing AGM for FY 2025-26.

Likely market impact

This is a routine internal promotion where the existing CFO is elevated to the Board as an Additional Executive Director. The stock is unlikely to see significant reaction as this represents a continuity move rather than a governance change.