BSENB Footwear LtdMediumNeutral
Announced Tue, 5 May · 19:36 IST

Appointment of Mr. Haripada Naskar as an Additionam Director of the company

Management Changes View source PDF

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
+1.5%1-day move
₹7.12
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.5+6.0+7.0+1.8+6.9+6.5-8.6-3.2
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AI summary

NB Footwear Limited's Board meeting on May 4, 2026 resulted in one appointment and two resignations. Mr. Haripada Naskar (DIN: 11658760) was appointed as Additional Director. Simultaneously, Mr. Ankit Kumar (DIN: 07725216) and Mr. Manoranjan Kumar (DIN: 10438687) both resigned as Directors effective the same date, citing personal reasons. The resignations and appointment all took effect on May 4, 2026. The company has a CIN of L19201TN1987PLC014902 and is listed on BSE with scrip code 523242.

Likely market impact

The simultaneous resignation of two directors with immediate appointment of a replacement may raise questions about board stability and governance. Shareholders should monitor for any further disclosures explaining the reason for dual departures.