Announced Wed, 15 Jul · 18:42 IST
Promact Plastics re-appoints Ankit J. Patel as MD for 3 years
Management Changes View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Board of Promact Plastics re-appointed Mr. Ankit J. Patel as Managing Director for three years effective 17th July 2026, subject to shareholder approval at the 42nd AGM. He holds 7.40 percent equity (4,81,939 shares) and is related to director Ms. Nikita J. Patel. He brings experience in import-export trading, technology, and general management.
Likely market impact
Continuity at top management. Routine re-appointment of existing MD, likely neutral for the stock, pending shareholder approval at the AGM.