Announced Wed, 18 Jun · 12:59 IST

KRN Heat Exchanger and Refrigeration Limited has informed the Exchange about change in Management

Management Changes View source PDF

KRN · 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

Awaiting price reaction for this filing.

AI summary

KRN Heat Exchanger and Refrigeration Limited has appointed Mrs. Meenakshi Sharma (DIN: 11153602) as an Additional Non-Executive, Independent Director on the Board, effective June 18, 2025, for a term of 3 years ending June 17, 2028. Her appointment is subject to shareholder approval at the next general meeting. Mrs. Sharma holds dual postgraduate degrees — M.Com (Accounts) and MBA (Finance) — and is not related to any promoter or director of the company. The board meeting approving this appointment was held on June 18, 2025, and lasted only 10 minutes (12:30 PM to 12:40 PM). She is not debarred from holding directorship by SEBI or any other authority.

Likely market impact

This is a routine corporate governance update strengthening the board with an additional independent director. No material impact expected on share price or operations, as the appointee is a non-executive role.