Details of change in management is enclosed.
RML · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rane (Madras) Limited announced three board changes. Mr. Ramesh Rajan Natarajan (a former PwC India Chairman and Senior Partner with 42+ years of experience in audit, finance, and strategy) has been approved for re-appointment as an Independent Director for a second term of 5 years (May 21, 2026 to May 20, 2031), subject to shareholder approval at the 22nd AGM. Mr. Ganesh Lakshminarayanan, a Non-Executive Director with over 50 years of industrial experience and former ACMA President and CII Southern Region Chairman, is re-appointed as Director (liable to retire by rotation) effective August 05, 2026. Mr. Pradip Kumar Bishnoi is completing his second term as Independent Director effective close of business hours on July 01, 2026, and consequently ceases to be a member of the Audit, Stakeholders Relationship, and Nomination & Remuneration Committees.
The board changes are routine governance matters. Mr. Bishnoi's departure removes an experienced director from committees, while Mr. Natarajan's re-appointment with his strong finance and strategy background may provide continuity. No major shareholder impact expected.