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Awaiting price reaction for this filing.
Nettlinx Limited has disclosed the appointment of Mr. Amarender Reddy Bandaru as an Independent Director on the board, effective 10th May 2025. This disclosure is filed under SEBI's Insider Trading Regulations (Regulation 7(1)(b)) in the prescribed Form B format. The newly appointed director holds 59 equity shares of the company and also has open interest in 8 futures contracts and 6 options contracts. The filing was signed by Jeeten Anil Desai, Director, from the company's Hyderabad office.
This is a routine regulatory disclosure related to the induction of a new Independent Director and is largely procedural. It is unlikely to have a material impact on the stock price, though shareholders may note the addition to board strength.