Announced Thu, 28 May · 15:30 IST

Re-appointment Smt. Hima Bindu Myneni , as Non Executive Independent Director for a second term of 5 years consecutive years commencing from 16th June, 2026 to 15th June 2031.

Management Changes View source PDF

KAKATCEM · price

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Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹124.00
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.7+1.4+4.0+2.4-0.2+0.0+0.4-3.2
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AI summary

The Board of Directors of Kakatiya Cement Sugar & Industries Limited, at their meeting on May 28, 2026, unanimously approved the re-appointment of Smt. Hima Bindu Myneni (DIN:07120807) as a Non-Executive Independent Director for a second consecutive term of five years, from June 16, 2026 to June 15, 2031. The appointment is subject to shareholder approval at the upcoming general meeting. Smt. Myneni is a Fellow Member of the Institute of Chartered Accountants of India with experience in Audit, Taxation, Project and Financial Consultancy. She has confirmed compliance with independence criteria under Section 149 of the Companies Act, 2013 and Regulation 16 of the Listing Regulations, and has confirmed she has not been debarred from holding the director's office by SEBI or any other authority. She is not related to any of the existing directors of the Company.

Likely market impact

The re-appointment provides continuity in the board's independent oversight. As this is a routine re-appointment requiring shareholder approval, it is not expected to have any immediate material impact on the stock price.