PGELNSEPG Electroplast Limited· Consumer DurablesMediumNeutral
Announced Tue, 24 Mar · 18:05 IST

PG Electroplast Limited has informed the Exchange regarding Outcome of Board Meeting held on March 24, 2026.

Management Changes View source PDF

PGEL · 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 14 horizons · vs prior close
-3.0%1-day move
₹502.30
prior close
₹515.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.0+3.5+3.7+3.0-3.0-6.2-3.9-9.4-10.2-3.8+11.7+12.6-5.7+8.8
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AI summary

PG Electroplast's board, at its meeting on March 24, 2026, approved a postal ballot notice for shareholders to vote on two key proposals. The first is the reappointment of Mr. Ram Dayal Modi as an Independent Director for a second consecutive 5-year term starting May 26, 2026, including continuation of his directorship after he turns 75. The second is the reappointment of Mrs. Ruchika Bansal as an Independent Director for a second consecutive 5-year term starting August 14, 2026. The board also formally listed its Key Managerial Personnel authorised to determine materiality of disclosures, including Managing Directors (Finance and Operations), the CFO, and the Company Secretary. The postal ballot notice will be sent to shareholders in due course.

Likely market impact

This is a routine corporate governance update with no material impact on the stock. Reappointment of existing independent directors for a second term is standard practice and signals board continuity. Shareholders will have the final say via postal ballot.