Announced Wed, 22 Apr · 18:23 IST
Two Independent Directors cease on Board after tenure completion
Management Changes View source PDF
NBCC · 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
-0.4%1-day move
₹94.00
prior close
₹93.44
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.7+0.6+0.1-0.4+1.6+0.9-0.8-2.1-0.9-0.2+3.0+15.8-0.9
Up moveDown movePending
AI summary
NBCC (India) informed the exchanges that two Independent Directors — Shri Bhimrao Panda Bhosale (DIN: 09422731) and Shri Deepak Singh (DIN: 08568480) — have ceased to be on the Board with effect from April 22, 2026, upon completion of their tenure. The company clarified that the cessation is solely due to tenure expiry, with no other reasons. The disclosure was made under SEBI Listing Regulations, and the change is also available on the company's website.
Likely market impact
Routine governance change with no impact on operations or financials. Tenure expiry of independent directors is a scheduled event.