Announced Thu, 23 Jul · 18:09 IST
Cella Space board appoints 3 directors, redeems Rs 2 crore preference shares
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
+10.2%1-day move
₹26.56
prior close
₹27.88
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.5——-9.5+10.2—————————
Up moveDown movePending
AI summary
Cella Space's board on 23 July 2026 appointed three Additional Directors: Ms. Kolluru Bala Naga Manimala and Mr. Benny John as Independent Directors, and Mr. Vignesh Rajkumar as Non-Independent Director. Mr. Vignesh Rajkumar is the son of Managing Director Rajkumar Sivathanupillai. The board also approved redemption of 20 lakh Non-Convertible Redeemable Preference Shares of Rs 10 each, totaling Rs 2 crore, funded by divisible profits as of 30 June 2026.
Likely market impact
Promoter family addition to board may raise governance concerns; Rs 2 crore preference share redemption uses company profits, marginally impacting reserves.