Announced Tue, 21 Jul · 16:36 IST
Century Enka board re-appoints Suresh Sodani as MD and CEO for 2 more years
Management Changes View source PDF
CENTENKA · price
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Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹544.00
prior close
₹544.35
base price
After-mkt
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AI summary
Century Enka's board has approved re-appointing Mr. Suresh Sodani as Managing Director and CEO for a further 2 years, from April 1, 2027 to March 31, 2029, subject to shareholder approval. Mr. Sodani, a Chartered Accountant and Cost Accountant with over 30 years of experience, has been credited during his current tenure with expanding NTCF capacity, foraying into PTCF, introducing value-added NFY products, and driving investments in modernization, renewable energy, and safety.
Likely market impact
Leadership continuity confirmed. No change in strategy. Re-appointment still needs shareholder approval at the upcoming AGM.