KAYNESBSEKaynes Technology India LtdMediumNeutral
Announced Wed, 13 May · 18:05 IST

Change in Management

Management Changes View source PDF

KAYNES · 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
-21.7%1-day move
₹4182.00
prior close
₹3760.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-5.6-5.6-7.7-21.7-25.8-26.3-28.1-23.7-18.7-25.3-26.4-21.2
Up moveDown movePending
AI summary

Kaynes Technology India Limited's Board of Directors met on May 13, 2026 and approved multiple management changes. The board re-appointed two Independent Directors (Mr. Alexander Koshy, former CFO of Bharat Electronics Ltd, and Ms. Poornima Ranganath, a corporate law expert with 30+ years experience) for second terms of 5 years each, effective 2027 subject to shareholder approval. Mr. Jairam Paravastu Sampath, the current Whole-time Director and CFO, was also re-appointed for 5 years from April 2027. Two new Additional Directors were appointed as Non-Executive Independent Directors: Mr. Rajesh Balkrishna Mittal (41-year automotive veteran and President & MD of ISUZU Motors India) and Mr. Annadurai Mylswamy (former ISRO scientist known as the "Moon Man of India" who led Chandrayaan missions, Padma Shri recipient). Additionally, Messrs. GA Associates was appointed as Cost Auditor for FY 2026-27.

Likely market impact

All appointments are subject to shareholder approval at future general meetings. The additions bring strong independent expertise in defence, automotive, and space technology sectors. The company maintains its existing leadership continuity with the CFO/Whole-time Director continuing in role.