We wish to inform you that the Board of Directors by way of passing the resolution through circulation on 6th, May 2025 approved the appointment of Mr. T R Chandrasekaran (DIN:00399104) ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sanco Trans Ltd's Board, via a circulation resolution on 6th May 2025, approved the appointment of Mr. T R Chandrasekaran (DIN: 00399104) as an Additional Non-Executive Independent Director. His term is set for two years, from 5th May 2025 to 4th May 2027, subject to shareholder approval through a postal ballot. Mr. Chandrasekaran is a Commerce graduate, Chartered Accountant, and holds diplomas in Labour Law and Administrative Law, with around 30 years at Indian Bank and prior board roles at other listed companies. He is not related to any existing directors or key managerial personnel. The filing was signed by V. Upendran, Executive Chairman.
This is a routine independent director addition that strengthens board oversight but is unlikely to move the stock price materially. Shareholders will get a postal ballot to vote on confirming the appointment.