Revised Intimation for Change in Management
Price
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Awaiting price reaction for this filing.
HB Portfolio Limited has appointed Mrs. Asha Mehra as an Independent Director of the company for a term of 5 consecutive years, effective from 20th August 2025. The appointment was approved by shareholders at the company's 30th Annual General Meeting held on the same day. Mrs. Asha Mehra is a retired IRS officer (Class 1), formerly Commissioner of Income Tax (1986) and Chief Commissioner of Income Tax (1995), and a retired member of the Central Board of Direct Taxes and Income Tax Settlement Commission. She holds a graduate degree from St. Xavier's College, Bombay and a post-graduate degree from Bombay University. She is not debarred from holding the office of Director by SEBI or any other authority, and has no disclosed relationships with other directors.
This is a routine independent director appointment adding experienced tax administration expertise to the board. The appointment is unlikely to have a material impact on the stock price, as it is a standard governance update without any management disruption.