Regulation 30 intimation
Awaiting price reaction for this filing.
Lords Mark Industries has appointed former Indian cricket captain Rahul Dravid as the Brand Ambassador for its MedTech Division. The appointment is for a period of two years, running from 2025 to 2027. The company stated that this move is part of its branding and strategic initiatives to grow the MedTech business. The intimation was filed under SEBI's Regulation 30 disclosure requirements.
This is a marketing and brand-building initiative rather than a financial event, so it is unlikely to have an immediate direct impact on revenue or stock price. However, associating with a high-profile figure like Rahul Dravid could help boost visibility and credibility for the MedTech division over the two-year period.