NILKAMALNSENilkamal Limited· Plastic And Plastic ProductsMediumNeutral
Announced Wed, 24 Sept · 16:36 IST

Nilkamal Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

NILKAMAL · 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

Awaiting price reaction for this filing.

AI summary

Nilkamal Limited has informed the exchanges that shareholders have approved the appointment of Mr. Gautam G. Chakravarti as a Non-Executive Independent Director through a postal ballot, with results declared on September 24, 2025. Mr. Chakravarti is a 72-year-old veteran with over 49 years of corporate experience across firms like Hindustan Unilever and Blackstone India, and holds advanced qualifications from IIM Ahmedabad, Wharton, and MIT. He is not related to any existing directors, KMPs, or promoters, and is not debarred by SEBI or disqualified under Section 164 of the Companies Act, 2013. He currently also serves as an Independent Director on the board of Atul Finserv Limited.

Likely market impact

This is a routine governance update adding an experienced independent director to the board, which should be viewed positively by shareholders as it strengthens board oversight. No material financial or operational impact is expected from this change.