Announced Fri, 26 Jun · 20:53 IST
Power Mech Projects: Independent Director retires after completing tenure
Management Changes View source PDF
POWERMECH · price
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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹2772.40
prior close
₹2771.00
base price
After-mkt
timing
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+0.2-0.9-1.0-1.0-0.3-1.6-1.2-5.5-3.5-7.1-7.3———
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AI summary
Mrs. Lasya Yerramneni (DIN: 03150397), Non-Executive Woman Independent Director, retired on June 26, 2026 after completing her second and final term as permitted under company law. She served on the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and CSR Committee. The Board recorded appreciation for her contributions. This is a planned, end-of-tenure cessation and not a mid-term resignation.
Likely market impact
Routine governance change with no expected material impact on operations or stock price. Board composition may be reviewed for a replacement.