DAVANGEREBSEDavangere Sugar Company LtdMediumNeutral
Announced Mon, 18 May · 19:19 IST

Appointment of Mr. Vishwanath Patil as the Company secretary and Compliance Officer of the Company wef 18th May, 2026.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹4.02
prior close
₹4.09
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+0.2+0.2+3.2+6.2+9.5+1.5+0.5+0.2-10.9-9.7-15.9
Up moveDown movePending
AI summary

The Board of Directors of Davangere Sugar Company Ltd has appointed Mr. Vishwanath Patil as the Company Secretary and Compliance Officer with effect from May 18, 2026. This appointment is made pursuant to Section 203 of the Companies Act, 2013 and Regulation 6(1) of SEBI LODR Regulations. Mr. Patil is a qualified Company Secretary with over 14 years of experience in corporate secretarial practices, corporate governance, legal advisory, and finance. He has previously worked with organizations including Brickwork Ratings India Pvt. Ltd., Nitstone Finserv Pvt. Ltd., and BDI India Pvt. Ltd. The appointment was made at the Board meeting held on May 18, 2026, which concluded at 05:30 PM.

Likely market impact

This is a routine appointment of a Key Managerial Personnel (KMP) and does not indicate any governance concerns or leadership changes. It ensures the company maintains required compliance functions as mandated under SEBI regulations and the Companies Act.