INDORAMANSEIndo Rama Synthetics (India) Limited· Textiles - SyntheticLowNeutral
Announced Tue, 17 Mar · 15:08 IST

Indo Rama Synthetics (India) Limited has informed the Exchange about General Updates

Management Changes View source PDF

INDORAMA · price

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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
+2.0%1-day move
₹32.33
prior close
₹31.56
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+0.9+1.4+2.0-3.1-1.8-2.3-1.5-3.7+9.0+23.4+9.0+40.6
Up moveDown movePending
AI summary

Indo Rama Synthetics has announced a Postal Ballot to seek shareholder approval for two key board appointments. The first resolution seeks approval to appoint Mr. Vipin Kumar (DIN: 07355025) as a Non-Executive, Non-Independent Director, to be passed as an Ordinary Resolution. The second resolution proposes the appointment of Mr. Sanjay Gupta (DIN: 11471106) as a Whole-Time Director, to be passed as a Special Resolution. The Board approved the Postal Ballot Notice through circulation on 17 March 2026. Friday, 20 March 2026 has been fixed as the Cut-off Date to determine shareholder entitlement to vote electronically or via postal ballot.

Likely market impact

Shareholders of record as of 20 March 2026 will be eligible to vote on these director appointments. The addition of a new Whole-Time Director signals a potential strengthening of the company's executive management, though investors should review the backgrounds of the appointees before voting.