Announced Thu, 21 May · 19:33 IST

Shree Vasu Logistics Limited has informed the Exchange regarding Outcome of Board Meeting held on May 21, 2026.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹562.00
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-0.4+3.0+12.1+11.4+22.8+29.0+24.6+35.2
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AI summary

The Board of Directors of Shree Vasu Logistics Limited met on May 21, 2026 and approved two key items. First, Mr. Anil Kumar Jhingan has been appointed as an Additional Director in the category of Non-Executive Independent Director for a term of 5 years (May 21, 2026 to May 20, 2031), subject to shareholder approval within 3 months. Mr. Jhingan holds an M.Sc. in Chemistry and MBA from NMIMS, with extensive sales and training experience at Pfizer. He is not related to any existing director. Second, the Board approved a Revised Postal Ballot Notice seeking shareholder approval.

Likely market impact

The appointment of an independent director strengthens the company's board governance. The postal ballot indicates shareholder voting will be required, likely for the director appointment and possibly other matters.