Outcome of Board Meeting held on May 05, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Oriental Rail Infrastructure Ltd, at its meeting on May 5, 2025, accepted the resignation of Mr. Hardik Chandra from the post of Company Secretary, Compliance Officer and Nodal Officer, effective close of business on May 5, 2025. The Board, on the recommendation of the Nomination and Remuneration Committee, appointed Mrs. Hemali Rachh as the new Company Secretary, Compliance Officer and Nodal Officer effective May 6, 2025. Mrs. Rachh is an Associate Company Secretary (ACS 64025) with degrees in Law and Commerce and about 3 years of experience in secretarial and corporate governance roles at listed companies. The Board meeting lasted just 30 minutes (12:00 p.m. to 12:30 p.m.), held at shorter notice.
This is a routine KMP-level change with an immediate like-for-like replacement, so it is unlikely to materially affect shareholders or the stock price. The quick appointment ensures compliance with Section 203 of the Companies Act and SEBI LODR is maintained without any gap in key managerial positions.