Intimation under Regulation 30- Change in management - Appointment of Additional Non Executive Director.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Shraddha Prime Projects Ltd approved two changes on April 9, 2026. Mr. Vinay Madhukar Nayak was appointed as Additional Non-Executive Director. He holds a Master's in International Business from University of Wales, Cardiff, and has experience in retail sales and operations. Simultaneously, Mr. Ramchandra Krishnakant Ralkar stepped down as Non-Executive Director, effective April 8, 2026. He cited personal and unavoidable professional circumstances as reasons, stating there were no other material reasons for his departure. Both are non-executive positions with no shareholding disclosed.
This represents a routine board composition change. One director replacement with a professional background in retail and international business may bring relevant expertise, though the impact on stock price is likely neutral to minimal as these are non-executive roles.