Announced Thu, 20 Aug, 2026 · 17:44 IST

Golden Carpets: MD Srikrishna Naik moves to non-executive role

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AI summary

Golden Carpets Ltd announced that Mr. Srikrishna Naik will change designation from Managing Director to Non-Executive and Non-Independent Director effective 20th August 2026. He stays on the board but loses executive duties and will retire by rotation. He is the brother of current Managing Director Mrs. Meena Bhushan Kerur, who continues to lead the company.

Likely market impact

Internal leadership reshuffle. Kerur family retains full control of the board. No material disruption expected for shareholders.