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Awaiting price reaction for this filing.
The Board of Milgrey Finance & Investments Ltd approved the appointment of Mr. Samadhan Suresh Patil as an Additional Independent Director, effective 14 January 2026. He has around five years of experience in share broking and is not related to any existing director on the board. His term runs until the next Annual General Meeting, subject to shareholder approval. The company confirmed he is not debarred from holding a director position by SEBI or any other authority.
This is a routine independent director addition to comply with board composition norms and is unlikely to have a material impact on the stock price or shareholder value.