BSELake Shore Realty LtdMediumNeutral
Announced Fri, 15 May · 13:18 IST

Appointment of Mr. Narendra Kumar Verma (DIN: 05164866) as Additional Non-Executive Independent Director.

Management Changes View source PDF

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
-8.9%1-day move
₹70.00
prior close
₹65.66
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+2.7-8.9-5.9-4.6-5.9-4.4-13.7-7.1-8.6+3.4
Up moveDown movePending
AI summary

Lake Shore Realty Ltd has appointed Mr. Narendra Kumar Verma as an Additional Non-Executive Independent Director effective 15th May 2026. He will serve a 5-year term until 14th May 2031, subject to shareholder approval at the next General Meeting. Mr. Verma brings over 46 years of experience in the Oil & Gas sector, having served as Managing Director and CEO of ONGC Videsh and held senior positions at ONGC. He currently serves as President of Rezlytix Technologies Ltd and has no shareholding in the company. The appointment is not liable to retire by rotation.

Likely market impact

The appointment of a highly experienced oil and gas industry veteran as an Independent Director could bring valuable strategic expertise to the board, potentially benefiting shareholders if the company explores energy sector opportunities.