Announced Fri, 4 Sept · 18:11 IST
Board outcome: MD reappointment, new independent directors, 41st AGM on Sep 29
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
+4.0%1-day move
₹27.38
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+6.0+8.1+10.3+12.5+12.5————
Up moveDown movePending
AI summary
Board approved MD Manmohan Rao Suddhala's one-year reappointment from Oct 1, 2026; he holds 6.42% stake. Vuddaraju Triveni reappointed as Independent Director for second 5-year term. Two new Independent Directors appointed: Kondaipally Vamshi Krishna and Nageswara Rao Parimi for 5-year terms each. Two Independent Directors resigned citing personal reasons. Board Report for FY26 approved and 41st AGM scheduled for September 29, 2026 via video conferencing.
Likely market impact
Board reshuffle with MD and independent director changes. Shareholder approval needed at Sep 29 AGM for these appointments.