BSEHindustan Hardy LtdMediumNeutral
Announced Fri, 13 Mar · 10:13 IST

The Board of Directors of the Company at its Meeting held today i.e. March 13, 2026 at 9.38 a.m (start time) and concluded at 9.43 a.m (conclusion time), based on the recommendation of ....

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Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹791.85
prior close
₹790.00
base price
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+0.0+0.0-2.5-2.5-2.1-0.1+3.0-5.3-3.4-9.1+2.3+0.4+1.5+2.3
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AI summary

Hindustan Hardy Limited has appointed Mr. Aurobind Ashabhai Patel (DIN: 00016628) as an Additional Director designated as Non-Executive Independent Director. The appointment was approved by the Board on March 13, 2026, based on the recommendation of the Nomination and Remuneration Committee. He will serve for an initial term of five consecutive years, from March 13, 2026 to March 12, 2031, subject to shareholder approval. Mr. Patel holds a bachelor's degree in commerce from Mumbai University and an MFA in design from Southeastern Massachusetts University, and has held senior design roles at The Economist (London) and India Today. He is not related to any existing Director or Key Managerial Personnel and is not debarred by SEBI from holding a directorship.

Likely market impact

This is a routine independent director appointment that strengthens the board with an experienced professional. It is not expected to have any material impact on the stock price, though it fulfils regulatory requirements for board composition.