DCMNVLNSEDCM Nouvelle LimitedLowNeutral
Announced Tue, 31 Mar · 16:30 IST

DCM Nouvelle Limited has informed the Exchange regarding Outcome of Board Meeting held on March 31, 2026.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+8.2%1-day move
₹98.01
prior close
₹98.00
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

DCM Nouvelle Limited's Board of Directors, at its meeting on March 31, 2026, approved the re-appointment of two Non-Executive Independent Directors, subject to shareholder approval. Mr. Vivek Chhachhi (DIN: 00496620) has been re-appointed for a second term of five years, effective April 1, 2026 to March 31, 2031. Mr. Kulbir Singh (DIN: 00204829) has been re-appointed for a second term effective June 22, 2026 to May 11, 2027. Both directors have confirmed they have not been debarred from holding directorship by SEBI or any other authority. Mr. Chhachhi is an investment advisor with prior experience at CVCI and Citicorp Securities, while Mr. Kulbir Singh brings leadership experience in business strategy and financial management. The board meeting lasted 25 minutes, from 3:00 PM to 3:25 PM.

Likely market impact

This is a routine corporate governance update with no material impact on the company's financials or operations. Shareholders will need to approve the re-appointments at the next general meeting, but these are standard procedural actions typically supported by management.