SHARDULBSEShardul Securities LtdMediumNeutral
Announced Fri, 13 Feb · 18:23 IST

Completion of Tenure of Ms Daya Bhalia as an Executive Director

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shardul Securities has informed the stock exchange that Ms. Daya Bhalia (DIN: 07049483) has completed her tenure as Whole-time Director designated as Executive Director, effective end of business on 13 February 2026. She has ceased to be on the Board as an Executive Director. Importantly, she is not leaving the company — she will continue in the role of Company Secretary & Compliance Officer. The disclosure was filed under SEBI Listing Regulations. No replacement appointment has been announced in this filing.

Likely market impact

This is a routine, planned end-of-tenure transition rather than a sudden exit, so the impact on shareholders is minimal. Since Ms. Bhalia continues as Company Secretary and Compliance Officer, there is no disruption to key compliance functions.