NITTAGELABSENitta Gelatin India Ltd-$MediumNeutral
Announced Mon, 5 May · 15:40 IST

The Company is in receipt of Letter from the Promoter of the Company, Kerala State Industrial Development Corporation Limited (KSIDC) today, 05.05.2025, bearing No. KSIDC/ TVM/CS/2025/341 ....

Ownership Changes View source PDF

NITTAGELA · 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

Nitta Gelatin India has informed the stock exchange that its promoter, Kerala State Industrial Development Corporation Limited (KSIDC), has nominated Shri. Mir Mohammed Ali IAS (DIN: 07432092) as a Non-Executive Nominee Director on the board, effective 2 May 2025. He replaces Shri. S Harikishore IAS (DIN: 06622304). Shri. Mir Mohammed Ali is a 2011-batch IAS officer currently serving as Managing Director of KSIDC and Special Secretary in Kerala's Local Self Government Department. He is not debarred from holding a director position by SEBI or any other authority, and is not related to any other director on the board, though another KSIDC nominee director already sits on the board.

Likely market impact

This is a routine board-level change driven by the promoter (Kerala state-owned KSIDC) and is unlikely to have any material impact on the company's operations, financials, or stock price. It reflects a normal rotation of government-nominated directors.