HERANBANSEHeranba Industries LimitedMediumNeutral
Announced Tue, 31 Mar · 17:26 IST

Heranba Industries Limited has informed the Exchange regarding Appointment of Omprakash S Singh as Non- Executive Independent Director of the company w.e.f. April 01, 2026.

Promoter Family Board EntryManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+10.8%1-day move
₹158.00
prior close
₹161.60
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+5.4+5.8+5.8+4.8+10.8+15.8+13.7+18.4+22.0+26.6+34.8+41.6+12.9+15.8
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AI summary

Heranba Industries has appointed two directors effective April 1, 2026. Mr. Omprakash S. Singh joins as a Non-Executive Independent Director for a 5-year term; he is a qualified LL.B. and company secretary with over four decades of experience in corporate law, secretarial practice, and SEBI compliance. Mr. Roshan R. Shetty has been appointed as an Additional Director and Whole-Time Director (Executive Director) for 5 years. Roshan holds a Chemical Engineering background from ICT Mumbai and Georgia Tech, with over 6 years of experience in chemical process design and engineering. Both appointments are subject to shareholder approval. Notably, Roshan is the son of the existing Managing Director Raghuram K. Shetty, the brother of Whole-time Director Raunak R. Shetty, and is part of the promoter group with a 1.59% equity stake.

Likely market impact

The appointment of a promoter-family member as Executive Director reinforces the family's control over operations and signals continuity in leadership. Adding an experienced independent director with strong legal and compliance background is a positive governance signal for retail shareholders.