MIRZAINTBSEMirza International LtdMediumNeutral
Announced Fri, 29 May · 19:35 IST

Announcement under Regulation 30 (LODR) - Change in Directorate

Promoter Family Board EntryManagement Changes View source PDF

MIRZAINT · price

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▲ 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
-3.9%1-day move
₹31.74
prior close
₹31.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.4-3.7-3.4-3.9-3.9-5.5-4.4-3.9-6.8-6.3+4.3+8.9
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AI summary

Mirza International Ltd's Board of Directors meeting on May 29, 2026 approved several key appointments and re-appointments. A new Whole-time Director, Mr. Aqeel Ahmad Khan, has been appointed effective June 1, 2026, with 17 years of experience in industrial relations and government compliance. Four existing directors—Mr. Faraz Mirza (re-appointed as Whole-time Director from August 12, 2026), Mr. Tauseef Ahmad Mirza (re-appointed as Managing Director from October 1, 2026), Mr. Tasneef Ahmad Mirza (re-appointed as Whole-time Director), and Mr. Shahid Ahmad Mirza (re-appointed as Whole-time Director)—have all been reappointed for three-year terms. Additionally, Mr. Anil Kumar Mahipal, a Chartered Accountant with 14 years of experience, has been appointed as Chief Financial Officer effective June 1, 2026. Cost Auditor and Internal Auditor have also been reappointed for FY 2026-27. All appointments are subject to shareholder approval.

Likely market impact

The board is being strengthened with a new independent director and internal CFO promotion, ensuring continuity in leadership. However, the board remains dominated by promoter family members, which may raise governance concerns for some investors.