Announced Wed, 8 Jul · 15:49 IST
Board changes: new director appointed, MD and Independent Director re-appointed
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
+0.6%1-day move
₹144.25
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.6+1.9+1.2+2.6+13.7+10.8————
Up moveDown movePending
AI summary
Shraddha Prime Projects (formerly Towa Sokki) informed BSE about board changes approved by members via Postal Ballot. Mr Vinay Nayak (DIN 08494834) joins as Non-Executive Non-Independent Director from April 9, 2026. Mr Sudhir Mehta was re-appointed as Managing Director and Ms Shivangi Datta re-appointed as Independent Director, both for a fresh 5-year term from August 7, 2026. Mehta, the key promoter, has 15+ years in real estate development.
Likely market impact
Promoter-led continuity as MD Sudhir Mehta stays for 5 more years. New director Vinay Nayak adds retail sales experience to the board.