Disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sheraton Properties & Finance Ltd has informed the stock exchange that its Board of Directors, at a meeting held on August 31, 2025, approved the appointment of Mrs. Mansi Srivastava (DIN: 09045444) as an Additional Director and Non-Executive Independent Director of the Company. The appointment is for a first term of five years, from August 31, 2025 to August 30, 2030, and is subject to shareholder approval at the next Annual General Meeting. Mrs. Srivastava holds a Master's degree in Psychology and is not related to any existing Director of the Company. The filing also confirms she is not debarred from holding a director's office by SEBI or any other authority.
This is a routine corporate governance announcement involving the induction of a new Independent Director. It is unlikely to have any immediate material impact on the stock price, though it strengthens the Board's independent oversight function pending shareholder approval.