NINSYSNSENINtec Systems LimitedMediumNeutral
Announced Sat, 21 Mar · 12:58 IST

Nintec Systems Limited has informed the Exchange about General Updates

Management Changes View source PDF

NINSYS · price

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Price reaction · full curve 14 horizons · vs prior close
+18.2%1-day move
₹290.00
prior close
₹304.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.0-1.6-2.3+18.2+10.1+23.4+35.9+34.1+33.8+55.5+81.2+129.9+169.0
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AI summary

NINtec Systems Limited has informed the stock exchanges about the appointment of two new Independent (Non-Executive) Directors on its board. Mr. Mehul Ganpatbhai Makkampara and Mr. Rahul Ratankumar Guhathakurta have been appointed for a first term of 5 consecutive years, effective from 1st February 2026, with board approval dated 28th January 2026. Mr. Makkampara is a homeopathic medicine doctor with over 15 years of experience in diabetes care, while Mr. Guhathakurta is a management professional with experience in corporate strategy, digital systems, publishing, and analytics. The company confirmed that neither appointee is debarred from holding a directorship by SEBI or any other authority.

Likely market impact

The addition of two independent directors strengthens the board's composition and aligns with SEBI's corporate governance requirements. This is a routine governance update with no immediate material impact on the stock price, though it may improve board diversity and oversight.