Announced Fri, 19 Jun · 18:25 IST
Sapphire Foods: Promoter nominee director change on board
Management Changes View source PDF
SAPPHIRE · price
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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹188.31
prior close
₹186.78
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.8+1.6+1.0-1.0-1.2-5.2-4.0-3.9-2.2-3.5-3.9——
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AI summary
Sapphire Foods India announced a change in its promoter nominee director. Mr. Vinod Nambiar, representing promoter Sapphire Foods Mauritius Limited, resigned citing existing professional engagements. Mr. Vikram Agarwal, a Chartered Accountant with 18 plus years in private equity experience and currently MD and CFO at Samara India Advisors, has been appointed as his replacement. The appointment is subject to shareholder approval and effective from 19 June 2026.
Likely market impact
Routine promoter nominee change. New appointee is a finance professional with 18 years of PE experience. Unlikely material stock impact.