Intimation of Change in Designation of Mr Tapan Kumar Chakraborty from Non Executive Non Independent Director to Executive Whole Time Director.
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NTC Industries Ltd has informed the stock exchanges that its Board of Directors, at a meeting held on 15th May 2025, approved a change in designation for Mr. Tapan Kumar Chakraborty. He has been reclassified from Non-Executive Non Independent Director to Executive Whole Time Director, effective the same date. The move is aligned with the company's evolving business needs and strategic direction. The filing confirms Mr. Chakraborty is not debarred from holding a director's office by SEBI or any other authority.
This is an internal board reshuffle — an existing director takes on an executive operational role. It signals increased involvement of Mr. Chakraborty in day-to-day management but is unlikely to materially impact the stock price on its own.