MCLNSEMadhav Copper LimitedMediumNeutral
Announced Thu, 21 May · 16:44 IST

Madhav Copper Limited has informed the Exchange regarding Appointment of Mr. Chintan Bhadiyadra as Non- Executive Non-Independent Director of the company w.e.f. May 21, 2026.

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▲ 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
-2.2%1-day move
₹62.39
prior close
₹60.59
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.3+2.2+1.5+0.8-2.2-1.6-2.5+2.6-2.6-1.5-3.8-4.6-15.6
Up moveDown movePending
AI summary

Madhav Copper Limited (now M Tek Copper Limited) has announced the appointment of Mr. Chintan Bhadiyadra as an Additional Director (Non-Executive Non-Independent Director) effective May 21, 2026. The appointment follows recommendation from the Nomination & Remuneration Committee and is subject to shareholder approval at the ensuing General Meeting. Mr. Chintan Bhadiyadra, aged 49, holds a post graduate degree in chemistry and previously served as a Laboratory Manager in Pathology at Bhavnagar. He will be entitled to sitting fees as decided by the Board. The appointment also includes confirmation that he is not debarred from holding the office of director under SEBI regulations. The board meeting lasted from 2:30 PM to 4:10 PM on the same day.

Likely market impact

This is a routine board appointment with minimal immediate impact on shareholders. The addition of a non-executive director is neutral for stock movement as no major strategic or governance change is indicated.