Announced Fri, 3 Apr · 18:17 IST
Shangar Decor appoints two Independent Directors for 5-year term
Management Changes View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+20.0%1-day move
₹0.20
prior close
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AI summary
Shangar Decor Ltd's board appointed Mr. Darshil Hemendrakumar Shah (DIN: 09013533) and Mr. Konark Patel (DIN: 10832659) as Additional Non-Executive Independent Directors effective April 3, 2026, each for a 5-year term. Both are unrelated to existing directors and not debarred by SEBI. Shareholder approval will be sought within 3 months.
Likely market impact
Adds two independent directors to the board, strengthening governance. Shareholder approval needed within 3 months.