Announced Mon, 18 May · 23:21 IST

Shankar Lal Rampal Dye-Chem Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

SRD · price

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▲ 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
+5.3%1-day move
₹40.50
prior close
₹41.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4-0.4-3.9+5.3+4.2+2.7+6.0-1.0+0.2-1.9+3.3-6.1
Up moveDown movePending
AI summary

Shankar Lal Rampal Dye-Chem Limited has announced the results of a postal ballot for appointment of Mr. Sumit Jain (DIN: 11490160) as an Independent Director for a term of 5 years (9th April 2026 to 8th April 2031). The resolution was passed with overwhelming shareholder approval of approximately 100%, with 53,511,795 votes in favor and only 12 votes against out of 53,511,807 valid votes cast. The appointment was approved by both promoter group and public shareholders through e-voting conducted between 17th April and 16th May 2026.

Likely market impact

The appointment adds an Independent Director to the board with strong shareholder mandate, strengthening corporate governance. No immediate impact on stock price expected as this is a routine governance update.