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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Euphoria Infotech (India) Ltd, at its meeting on January 2, 2026, approved the re-appointment of Mr. Shamba Bhanja as Managing Director for three years starting January 12, 2026, with a revision in his remuneration effective May 2025. The board also approved the re-appointment of Mr. Priyabrata Seal as Wholetime Director for the same three-year period, also with a revised remuneration from May 2025. Mr. Shamba Bhanja has over 25 years of industry experience and has been with the company since inception, while Mr. Priyabrata Seal has about 20 years of experience in project management and operations. The company will seek shareholder approval for both re-appointments via a postal ballot notice to be sent in due course.
This is a routine leadership continuity move with no change in management, so the stock price is unlikely to react significantly. Shareholders will get to vote on the re-appointments and revised remuneration via postal ballot.