Mishra Dhatu Nigam Limited has informed the Exchange regarding Change in Director(s) of the company.
MIDHANI · price
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On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.8 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mishra Dhatu Nigam Limited (MIDHANI), a Government of India defence enterprise, has appointed Ms. Madhubala Kalluri as Director (Finance) effective July 21, 2025. Her tenure runs until August 31, 2027 (date of superannuation) or until further orders from the Ministry of Defence, whichever is earlier. She was appointed in the pay scale of Rs. 1,60,000–2,90,000 (IDA) by the Department of Defence Production, Ministry of Defence. Ms. Kalluri is an internal appointee — she was previously General Manager (Finance) at MIDHANI and also briefly served as CFO from May to October 2020. She has over 32 years of experience in accounting, costing, financial management, and audit. The additional charge of Director (Finance) held by Dr. S.V.S. Narayana Murty has now ceased.
This is a routine internal elevation to fill a key board position at the defence PSU, likely bringing continuity to finance leadership. No material impact on shareholders is expected, as the appointment was made by the government as part of standard PSU governance.