Announced Tue, 15 Sept · 16:14 IST
Board appoints Prabhakar Zavar as Independent Director for 5 years
MANGALAM · 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
-4.5%1-day move
₹33.35
prior close
₹33.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.4+2.3+0.6-1.5-4.5+2.5-1.2———————
Up moveDown movePending
AI summary
Mangalam Drugs appointed Mr. Prabhakar Raghunath Zavar (DIN 11940187) as Additional Independent Director (Non-Executive) for 5 years effective September 15, 2026, subject to shareholder approval at the EGM. He holds a B.Com and has over 38 years of experience in accounts, finance, and taxation. The appointment was recommended by the Nomination and Remuneration Committee.
Likely market impact
Routine independent director addition subject to shareholder approval. No major material impact expected.