Announced Mon, 16 Mar · 15:48 IST

Appointment of Cs Mr. Saurabh Prydarshi

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 14 horizons · vs prior close
-3.4%1-day move
₹15.46
prior close
₹14.69
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-3.4-8.7-10.9-12.7-8.4-9.4-8.7+0.2-14.6-10.4
Up moveDown movePending
AI summary

The Board of Directors of Rajasthan Tube Manufacturing Company, at its meeting on March 16, 2026, approved the appointment of Mr. Saurabh Prydarshi as the Company Secretary (KMP) and Compliance Officer, effective the same day. The appointment was made under Section 203 of the Companies Act, 2013, and SEBI Listing Regulations, and was finalized after an extended internal selection process. The company noted this is the first time the role is being filled under Section 203, suggesting the position was previously vacant. Mr. Saurabh Prydarshi is an Associate Member of the Institute of Company Secretaries of India (ACS 41223) and holds no shares in the company.

Likely market impact

This is a routine compliance appointment filling a key managerial position required by law, and is unlikely to have a material impact on the stock price. It does, however, bring the company into regulatory compliance under Section 203 of the Companies Act.