Announced Thu, 23 Jul · 15:24 IST
Regal Entertainment appoints Satbir Singh as Executive Director, pending RBI approval
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
+0.3%1-day move
₹16.70
prior close
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base price
In-mkt
timing
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AI summary
Regal Entertainment & Consultants has appointed Shri Satbir Singh (DIN: 06887978) as Additional Executive Director, effective from the date of RBI approval, for a 3 year term. He brings over 35 years of experience at IFCI Ltd, including as MD of IFCI Factors Ltd and COO of IFCI Venture Capital Funds Ltd. Appointment is subject to shareholder approval and he is not debarred by SEBI.
Likely market impact
External appointment of seasoned financial sector executive as KMP. Subject to RBI and shareholder approvals. Mildly positive for governance.