Announced Sat, 4 Jul · 12:56 IST
Whole-Time Director Mohammed Sahim Haris appointed as CFO
Management Changes View source PDF
Price
▲ 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
+0.0%1-day move
₹3.48
prior close
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base price
After-mkt
timing
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————+0.0-1.4+0.0-2.3+0.6-0.3-3.4———
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AI summary
The Board has appointed Mr. Mohammed Sahim Haris, the existing Whole-Time Director and Promoter, as Chief Financial Officer (KMP) effective 7th July 2026. He holds a BBA in Logistics and Supply Chain Management from Manipal and has served as Finance Manager at subsidiary Shipwaves Online LLC since January 2023. He is the son of Chairman Kalandan Mohammed Haris. The appointment was recommended by the Nomination and Remuneration Committee.
Likely market impact
Existing promoter and son of Chairman takes another KMP role. Provides leadership continuity but concentrates family control at the top.