Announced Fri, 3 Jul · 17:10 IST
Man Infraconstruction appoints Rajiv N. Sheth as Independent Director
Management Changes View source PDF
MANINFRA · 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
-3.2%1-day move
₹105.37
prior close
₹106.37
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2+0.0+0.7-3.2-4.6-4.3-0.4+0.2-2.4-6.1———
Up moveDown movePending
AI summary
Man Infraconstruction has appointed Mr. Rajiv N. Sheth as an Additional Non-Executive Independent Director for a 5-year term from July 3, 2026, subject to shareholder approval. He is a Chartered Accountant with over 30 years of experience in finance, accounts, auditing, taxation and regulatory compliance. He previously served as the company's Group CFO until his retirement in 2022. He is not related to any existing directors and is not debarred from holding the role by any authority.
Likely market impact
Strengthens board with a financial expert familiar with the company; positive for governance and oversight.