Madhucon Projects Limited has informed the Exchange regarding Change in Director(s) of the company.
MADHUCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Madhucon Projects Limited has informed the exchanges that shareholders at its 35th AGM, held on 26 September 2025, ratified two director appointments originally made by the Board on 9 August 2025. The first is Mr. Sambasiva Rao Jasty as Director-Finance & Accounts, who brings nearly 24 years of experience in finance, accounts, auditing, and banking. The second is Mr. Turlapati Venkata Sundara Jawaharlal Nehru, appointed as an Independent Director for a five-year term ending 8 August 2030, with about 22 years of senior management experience in administration, business development, and production. Both are Indian nationals and are not related to any existing director on the board. The AGM ran from 3:00 PM to 3:40 PM IST, and the filing was made under SEBI LODR Regulation 30.
This is a routine governance update and is largely neutral for the stock. The ratification of a dedicated Director-Finance & Accounts strengthens financial oversight, while the new Independent Director adds to board independence, which is mildly positive for corporate governance standards.