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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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.