Announced Wed, 18 Mar · 15:05 IST

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹699.85
prior close
₹714.95
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+0.0+0.0+0.0-1.7+2.6+1.4+1.9-5.2-2.3+2.0+25.3+27.3
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AI summary

Hardcastle & Waud Manufacturing Company has appointed Mr. Ganpat Lal Dadhich as an Additional Director in the Non-Executive (Non-Independent) category, effective 18th March 2026. Mr. Dadhich is a B.Com graduate with over 32 years of experience in accounts and business operations, and is not related to any existing director. The Board has also reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee effective 19th March 2026, with Mr. Dadhich included in all three. Additionally, the company proposes to shift its registered office from Kalyan (E), Thane to Nariman Point, Mumbai, subject to shareholder and regulatory approval.

Likely market impact

This is a routine corporate governance update with no material financial impact. The director addition strengthens the board, the committee changes are administrative, and the office shift to a more prominent Mumbai business district is a logistical move pending shareholder approval.