NDLVENTUREBSENDL Ventures LtdMediumNeutral
Announced Fri, 8 May · 19:07 IST

Please find the enclosed Postal Ballot Notice which has been sent to members electronically for Approval of Re-Appointment of Mr.Munesh Narinder Khanna (DIN: 00202521) as Non Executive ....

Management Changes View source PDF

NDLVENTURE · 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
-6.5%1-day move
₹125.84
prior close
₹128.35
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-2.6-3.2-3.0-6.5-6.1-6.1-3.8-5.4+4.9+6.5+0.1+4.9
Up moveDown movePending
AI summary

NDL Ventures Ltd is seeking shareholder approval via postal ballot to re-appoint Mr. Munesh Narinder Khanna (DIN: 00202521) as a Non-Executive Independent Director for a second term of five years, from May 13, 2026 to May 12, 2031. His current five-year term ends on May 12, 2026. Mr. Khanna is a senior chartered accountant with extensive experience in corporate finance, having previously held senior positions at Arthur Andersen, NM Rothschild, DSP Merrill Lynch, and PricewaterhouseCoopers. He currently serves on the boards of several listed companies including JSW Energy, Gulf Oil Lubricants, and Finolex Industries. He holds no shares in NDL Ventures and will continue to receive only sitting fees for attending meetings. The e-voting period runs from May 9, 2026 to June 7, 2026.

Likely market impact

This is a routine corporate governance matter confirming continuity of an experienced independent director on the board. The re-appointment is unlikely to have any direct impact on the stock price as it maintains existing board composition.