Announced Thu, 30 Jul · 17:16 IST
Board approves Annual Report, recommends new MD appointment
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
-3.9%1-day move
₹10.55
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.9+2.4+1.2-1.8-0.5+8.2+4.3+5.0——
Up moveDown movePending
AI summary
Board approved the 41st Annual Report for FY26 and set the AGM for August 25, 2026 at 11:30 AM via video conferencing. The Board also recommended shareholder approval for appointing Mr. Shankar Ravi Chaganty, aged 58, as Managing Director for 5 years effective May 26, 2026. He is a Commerce graduate with 34 years of administration experience and is not related to any existing Director.
Likely market impact
New MD appointment signals leadership change; shareholder approval pending at AGM on Aug 25, 2026.