Announced Thu, 2 Apr · 14:50 IST

We enclose herewith the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for changes in the Senior Management Personnel of the Company.

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+10.4%1-day move
₹32.59
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₹32.71
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AI summary

Indsil Hydro Power and Manganese Ltd has disclosed that 4 employees previously classified as Senior Management Personnel (SMP) will cease to fall under the SMP definition effective April 2, 2026. The affected employees are Sri G Joseph Amirdaraj (General Manager - P&P), Sri K Anil (Manager - HPP), Sri T V Praveen (Chief Manager - Production), and Sri Balaji V (Manager HR). The company states this change is a consequence of a modification in its internal reporting structure, not due to resignations or removals from employment.

Likely market impact

This appears to be an administrative reclassification rather than a governance concern. Shareholders should note that these are structural changes to reporting lines, not departures from the company or exits from leadership roles.