BSEShetron LtdMediumNeutral
Announced Sat, 2 May · 15:59 IST

Change in Management

Management Changes View source PDF

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
+3.4%1-day move
₹102.00
prior close
₹106.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.1+6.1+2.0+1.9+3.4+9.5+7.8+9.8+4.2+8.0+0.7-14.1+1.4
Up moveDown movePending
AI summary

Shetron Limited's Board approved re-appointment of Mr. Kartik Manohar Nayak as Joint Managing Director for 3 years (May 15, 2026 to May 14, 2029), subject to shareholder approval. Mr. Nayak holds an Engineering degree and MS from USA with over 20 years of experience in finance, commercial divisions, and project development. He is related to Executive Chairman Mr. Diwakar Sanku Shetty. The Board also re-appointed existing Internal Auditors (Ishwar & Gopal and T.R. Chadha & Co.) and Cost Auditor (Bhat & Co.) for FY 2026-27.

Likely market impact

This is a routine governance filing confirming continuity in leadership and audit functions. No material impact on shareholders expected as these are re-appointments of existing personnel.