Announced Fri, 10 Jul · 19:39 IST
Marine Electricals Independent Director Mr Pendse completes second term
Management Changes View source PDF
MARINE · 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
-2.2%1-day move
₹258.20
prior close
₹258.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.2+0.3+0.2-2.2-1.0-1.8-3.3-1.3-1.2————
Up moveDown movePending
AI summary
Mr. Madan Gopal Pendse ceased as Independent Director of Marine Electricals (India) Limited effective close of business on July 10, 2026, after completing his second term. He also stepped down as Chairman of the Audit Committee and Stakeholders Relationship Committee.
Likely market impact
Routine end of tenure for one independent director. Board will need to fill the Audit Committee chair role. No material impact expected.