Announced Thu, 13 Aug · 21:40 IST
Madhucon Projects appoints two new directors to the Board
MADHUCON · price
▲ 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
+4.2%1-day move
₹5.26
prior close
₹5.51
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.1-4.7+0.0+4.2-0.2-3.0-0.2-1.9-0.8-8.4-20.9——
Up moveDown movePending
AI summary
Madhucon Projects Board appointed two Additional Directors on 13 Aug 2026. Mr. Shankara Rao Kadambala joins as Independent Director for 5 years till Aug 2031, pending shareholder approval at the 36th AGM. Mr. Prithvi Teja Nama joins as Director, retire by rotation. Both are Indian nationals and not related to existing directors.
Likely market impact
Board expansion brings fresh expertise in legal and construction sectors. Routine governance action, no immediate stock impact expected.