INDTERRAINNSEIndian Terrain Fashions Limited· Textile ProductsMediumNeutral
Announced Tue, 21 Apr · 17:11 IST

Indian Terrain Fashions Limited has informed the Exchange regarding Outcome of Board Meeting held on April 21, 2026.

Management Changes View source PDF

INDTERRAIN · price

Loading chart…

▲ 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
-4.3%1-day move
₹33.18
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.3-1.5-7.1-7.1-8.1-6.9-5.4-2.0-0.8-12.0
Up moveDown movePending
AI summary

Indian Terrain Fashions Limited's Board of Directors met on April 21, 2026 and made several key appointments. Mr. J Suresh was appointed as an Additional Non-Executive Independent Director for a 5-year term, subject to shareholder approval within 3 months. The Board also re-appointed Mr. Venkatesh Rajagopal as Executive Chairman and Mr. Charath Ram Narsimhan as Managing Director & CEO, both for 3-year terms effective August 8, 2026, with revised remuneration subject to shareholder approval. The company reconstituted its Audit Committee and Nomination & Remuneration Committee by adding Mr. J Suresh as a member to both committees. Shareholder approvals will be sought through postal ballot via remote e-voting.

Likely market impact

The appointment of a new independent director and re-constitution of board committees strengthens governance structure. Shareholders will vote on these appointments via postal ballot, with the cut-off date set for April 24, 2026.