RKSWAMYBSER K Swamy LtdMediumNeutral
Announced Tue, 19 May · 18:55 IST

Intimation under Regulation 30 of SEBI LODR Regulations - Change in Management

Management Changes View source PDF

RKSWAMY · 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 14 horizons · vs prior close
+8.1%1-day move
₹92.50
prior close
₹98.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2+2.0+0.5+0.0+8.1+5.9+5.9+4.1+6.5+7.6+7.0+7.5+9.0
Up moveDown movePending
AI summary

R K Swamy Ltd's Board of Directors meeting on May 19, 2026 approved two items: (1) Appointment of Mr. Ramesh Narayan (DIN: 00189290) as an Additional Non-Executive Independent Director, effective immediately, for a term extending up to the conclusion of the AGM in 2029, subject to shareholder approval. (2) Re-appointment of M/s. ASA & Associates LLP as Internal Auditors for FY 2026-27. Ramesh Narayan is a veteran in advertising and communications with over 30 years of experience, having founded Canco Advertising Pvt. Ltd. and served as President of AAAI, IAA India Chapter, and Advertising Club of India. The appointment brings industry expertise to the board.

Likely market impact

Positive for the company as the appointment adds a seasoned industry veteran to the board, bringing fresh perspective and governance expertise. The internal auditor reappointment indicates continuity in audit processes.