PODDARMENTNSEPoddar Pigments LimitedMediumNeutral
Announced Tue, 31 Mar · 18:18 IST

Poddar Pigments Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

PODDARMENT · price

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Price reaction · full curve 14 horizons · vs prior close
+3.0%1-day move
₹201.10
prior close
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+3.0+12.9+16.8+16.7+13.4+24.3+24.7+27.2+17.7+23.3
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AI summary

Poddar Pigments Limited has informed the exchanges that Shri M. Mahadevan (DIN: 00786991) ceased to be an Independent Director of the company with effect from the close of business hours on 31st March, 2026. The change is due to the natural completion of his current term of appointment as an Independent Director, not due to resignation or any adverse reason. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations, with details provided in Annexure A. No new appointment or replacement information has been disclosed in this filing.

Likely market impact

This is a routine governance event with no material impact on the stock. Shareholders should note that the board will have one vacancy for an Independent Director going forward, and may watch for a replacement appointment in due course.