SHAREINDIANSEShare India Securities LimitedMediumNeutral
Announced Sat, 23 May · 17:16 IST

Share India Securities Limited has informed the Exchange regarding Re-Appointment of Mr Piyush Mahesh Khandelwal as Non- Executive Independent Director of the company w.e.f. March 03, 2026.

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Price reaction · full curve 14 horizons · vs prior close
-1.4%1-day move
₹141.94
prior close
₹144.12
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.4-2.6-1.6-1.4-2.8-3.1-4.7-2.2-3.7-3.1-4.8+31.0
Up moveDown movePending
AI summary

Share India Securities Limited announced that shareholders have approved, via Postal Ballot, the appointment of Mr. Arun Kumar Jain as a Non-Executive Independent Director for a term of five years effective March 5, 2026, and the re-appointment of Mr. Piyush Mahesh Khandelwal as a Non-Executive Independent Director for a further five years effective March 3, 2026. The e-voting process ran from April 22 to May 21, 2026, and the scrutinizer's report was submitted on May 23, 2026. Both resolutions were passed with requisite shareholder majority. Mr. Arun Kumar Jain is a former Chairman of the Central Board of Direct Taxes (CBDT) with extensive experience in taxation, finance, and corporate governance. The company confirmed neither director is debarred from holding the position.

Likely market impact

The re-appointment of Mr. Piyush Mahesh Khandelwal and appointment of Mr. Arun Kumar Jain reinforces the board's independence and governance structure. No material impact on stock price expected as these are routine board strengthening exercises approved by shareholders.