Announced Fri, 26 Jun · 17:07 IST
Re-appointment of Managing Director Mr. Niraj Gemawat for 5 years
Management Changes View source PDF
NINSYS · price
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Price reaction · full curve 14 horizons · vs prior close
+4.5%1-day move
₹785.00
prior close
₹803.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.5-3.9-1.0—+4.5+7.1+10.3+11.6+13.1+14.7+14.6———
Up moveDown movePending
AI summary
Board approved re-appointment of Mr. Niraj Chhaganraj Gemawat as Managing Director for 5 years from 29 June 2026 to 28 June 2031, subject to shareholder approval at the AGM. He has been with the company since 2015 and has over 30 years of experience in business development and finance. He is the spouse of Director Mrs. Rachana Gemawat. The Board also constituted a new CSR Committee effective 27 June 2026 with 3 members.
Likely market impact
Continuity at the top as existing MD gets a fresh 5-year term, pending shareholder approval at the upcoming AGM.