Announced Mon, 1 Jun · 14:54 IST

Pursunant to Regulation 30 of SEBI LODR Regulations, 2015 this is to inform you that on the basis of recommendation of NRC and Audit committee the Board approved the re-appointment of Mr. ....

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▲ 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
-16.7%1-day move
₹84.00
prior close
₹75.56
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+0.0+0.0+0.0+0.0-16.7-12.4-14.9-20.8-21.4-17.0-10.7-16.1
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AI summary

The Board of Chemtech Industrial Valves Ltd, based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, has re-appointed Mr. Vikas More as the Internal Auditor of the Company for a period of 1 year, effective April 1, 2026. Mr. More is a B.Com graduate with over 8 years of experience in accounting and auditing. The company clarified that this intimation was filed belatedly due to an inadvertent administrative oversight, even though the information was already part of the May 30, 2026 board meeting outcome filed with the exchange. The company has stated that measures have been put in place to avoid such delays in the future.

Likely market impact

This is a routine compliance disclosure involving the re-appointment of an internal auditor and is unlikely to have any material impact on the stock price or shareholders. The noted delay in filing is a minor governance red flag, but the company has acknowledged and addressed it.