MCLNSEMadhav Copper LimitedMediumNeutral
Announced Thu, 21 May · 16:41 IST

Madhav Copper Limited has informed the Exchange regarding Outcome of Board Meeting held on May 21, 2026.

Management Changes View source PDF

MCL · 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 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

The Board of Directors of Madhav Copper Limited (now M Tek Copper Limited) met on May 21, 2026 and approved the appointment of Mr. Chintan Bhadiyadra as an Additional Director (Non-Executive Non-Independent Director). He is 49 years old, holds a post-graduate degree in chemistry, and previously served as a Laboratory Manager in Pathology at Bhavnagar. The appointment is effective from May 21, 2026 and is subject to approval by shareholders at the ensuing General Meeting. He will be entitled to sitting fees as decided by the Board. The appointment required an affirmation that he is not debarred from holding the office of director under SEBI regulations.

Likely market impact

This is a routine board appointment with no immediate material impact on stock price. Shareholders will vote on the appointment at the next general meeting.