Announced Fri, 17 Apr · 18:42 IST
Independent Director Ashwin Parmar ceases on April 19, 2026
Management Changes View source PDF
PATELENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹28.46
prior close
₹28.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.3-0.9-2.1-3.4-0.4-0.1-2.7-1.7+1.2-5.3-9.5+13.1+5.8
Up moveDown movePending
AI summary
Mr. Ashwin Parmar, Non-Executive Independent Director of Patel Engineering Limited, will complete his term and cease to be a Director effective April 19, 2026. The departure is due to natural completion of tenure, not resignation or any governance issue. Disclosed under SEBI LODR Regulations 30 and 51. DIN: 00055591.
Likely market impact
Routine independent director exit due to tenure completion. No material impact expected; board must fill the vacancy per SEBI norms.