In terms of Regulation 30 of SEBI(LODR) 2015 we wish to inform you that the Board of Directors of the company based on recommdation of nomination and remuneration commitee,approved appoinment ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rainbow Foundations Ltd has appointed Mr. Raghunathdogra Satishkumardogra (DIN: 11240893) as an Additional Independent Director on its Board. The appointment was approved by the Board on August 14, 2025, based on the recommendation of the Nomination and Remuneration Committee. He will serve for a period of five years, subject to shareholder approval. Mr. Dogra is an Ex-IPS officer and is not related to any existing director of the company. The filing confirms he is not debarred from holding directorship under any SEBI order.
This is a routine governance announcement that strengthens the Board with an independent director. It is unlikely to have any material impact on the stock price, though shareholders will need to approve the appointment at a general meeting.