This is to inform you that, Mr. Ram Gopal Jindal , Non-Executive Director of the company has been appointed as the Chairperson of the Company. Detailed information is enclosed herewith ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 2.8 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
NDA Securities Ltd has appointed Mr. Ram Gopal Jindal as Chairperson of the Company with effect from July 17, 2025, through a resolution by circulation. Mr. Jindal was already serving as a Non-Executive Director on the board and has now been elevated to the Chairperson role. The company disclosed that Mr. Jindal is the father of Mr. Gaurav Jindal, the Managing Director of the company. He brings nearly 10 years of experience as a Director with expertise in capital markets, NBFC sector, corporate governance, and general administration. The appointment is confirmed as compliant with SEBI norms, and he is not debarred from holding the office of director.
With the father now serving as Chairperson and the son as Managing Director, the promoter family now holds both the top board and executive positions, consolidating family control over the company. While this may ensure continuity, minority shareholders may view the concentration of family influence as a governance concern.