Appointment of Shri Hivare Nisarg Gautam, IAS (Din no. 11627002) in place of Shri Megha Nidhi Dahal as Chairman and Nominee Director as per Direction of Govt of Assam.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Government of Assam has appointed Shri Hivare Nisarg Gautam, IAS (Managing Director of AIDC Ltd) as the new Chairman and Nominee Director of Prag Bosimi Synthetics Ltd, replacing Shri Megha Nidhi Dahal, IAS. The appointment took effect from 19 May 2026, following a government notification dated 13 May 2026. This change is part of a broader government reshuffle affecting multiple state-owned enterprises where Megha Nidhi Dahal held directorship positions. The new chairman has submitted his interest disclosure form (MBP-1) and declared shareholding interests in Assam Urban Infrastructure Development Corporation Ltd.
This is a routine government-directed change in board leadership as Assam reshuffles its nominee directors across state enterprises. The stock is likely to see minimal reaction as this reflects administrative continuity under government control rather than a strategic or governance shift.