Announced Thu, 2 Apr · 13:03 IST
Rama Phosphates re-appoints Independent Director for 2nd term
Management Changes View source PDF
RAMAPHO · price
▲ 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
+5.4%1-day move
₹112.90
prior close
₹112.01
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.3+0.3+0.3+5.4+5.4+15.1+16.2+21.3+22.8+19.8+24.0+6.4+11.2
Up moveDown movePending
AI summary
Rama Phosphates shareholders approved the re-appointment of Mr. Ratneshwar Prasad as Independent Director for a second 5-year term (May 30, 2026 to May 29, 2031) via postal ballot. Mr. Prasad is a former Chairman of CBDT and founding member of CCI, with 38 years of experience in taxation, law, and competition law. He is not debarred by any authority and not related to any director.
Likely market impact
Board continuity restored with a seasoned ex-bureaucrat re-appointed. Neutral to mildly positive for governance.