PPAPNSEPPAP Automotive Limited· Auto AncillariesMediumNeutral
Announced Thu, 25 Jun · 21:57 IST

PPAP Automotive appoints new Independent Director, reconstitutes board committees

Management Changes View source PDF

PPAP · price

Loading chart…

▲ 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
+2.0%1-day move
₹231.45
prior close
₹230.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+0.9+5.3+2.0+8.0+8.1+11.0+7.2+10.6+24.9
Up moveDown movePending
AI summary

PPAP Automotive has appointed Mrs. Meeta Makhan as an Additional Independent Director effective 25th June 2026 for a two-year term ending 24th June 2028. She brings over 25 years of banking and financial services experience from Citibank, Standard Chartered, Barclays, Bank of America and IDFC Bank. She also serves on boards of DCM Shriram International, Kanoria Chemicals, Timex Group India and SV Creditline. The Board has also reconstituted its Audit, Nomination and Remuneration, and Stakeholders Relationship committees.

Likely market impact

Adding an experienced independent director strengthens board oversight. Routine governance update, no material impact on share price expected.