KOTIC · price
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Awaiting price reaction for this filing.
Kothari Industrial Corporation has appointed Ms. Priya Rao (DIN 00717336) as an Additional Non-Executive Women Independent Director with effect from 16 February 2026. Her term is for five years, subject to shareholder approval. The board approved the appointment at its meeting held on 14 February 2026, based on the recommendation of the Nomination and Remuneration Committee. Ms. Rao brings over 21 years of experience in process governance, property management, and clinical management, and currently serves as Vice President of Portfolio Operations at NSEW Properties. She is a certified Independent Director from IICA and holds a PGDBM from NMIMS, Mumbai. The company confirmed she is not related to the promoter or promoter group, meets independence criteria, and is not debarred by SEBI from holding a directors position.
This is a routine board appointment that strengthens the companys governance with an additional independent woman director, helping meet board diversity norms. It is unlikely to have any material impact on the stock price but reflects compliance with SEBI listing requirements.