Outcome of the Board Meeting Held on August 20, 2025.
Awaiting price reaction for this filing.
At a Board Meeting held on August 20, 2025, the Board of Directors of Pressure Sensitive Systems (India) Limited approved three key management appointments. Mr. Malabhai Punjabhai Rabari (DIN: 11238665), a B.Com graduate, was appointed as Managing Director for a 5-year term, subject to shareholder approval. Mr. Rabari Nileshbhai Madevabhai (DIN: 11234753), educated up to HSC level, was appointed as Executive Director for 5 years, also subject to shareholder approval. Additionally, Mr. Kirtikumar Dashrathlal Barot (DIN: 11229951), an M.Com postgraduate, was appointed as Chief Financial Officer with effect from the same date, approved by the Audit and Nomination & Remuneration Committees. The board meeting ran from 3:00 PM to 4:30 PM.
These are routine corporate governance changes involving the appointment of three key managerial personnel (MD, Executive Director, CFO) on the same date, pending shareholder nod for the director appointments. This is a compliance disclosure and unlikely to materially impact the stock price, though investors may note the new leadership lineup going forward.