BSELinaks Microelectronics LtdMediumNeutral
Announced Tue, 30 Sept · 17:57 IST

Please find attached the disclosures regarding Regulation 30 of SEBI (LODR) Regulations, 2015, with respect to the change in management of the Company. Kindly take the same into your records.

Promoter Family Board EntryManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At the 40th AGM held on September 30, 2025, Linaks Microelectronics announced four key board changes. Mr. Shashi Shekhar Mishra was re-designated as Managing Director for a 5-year term, bringing 15+ years of experience in real estate and infrastructure. Mrs. Urvashi Mishra (his wife) was re-appointed as a Director, retire by rotation. Two new Non-Executive Independent Directors were also appointed: Mr. Prakash Kumar Srivastava (infrastructure background) and Ms. Komilla Singh (10+ years in sales and marketing), both for 5-year terms and neither connected to existing directors.

Likely market impact

The Mishra family now holds both the Managing Director and Director seats, signaling continued promoter/family control of the company. The addition of two new independent directors strengthens board composition, though the operational focus appears to remain real estate-leaning rather than core electronics.