Announced Mon, 29 Jun · 08:14 IST
Smartworks appoints former SEBI member and ex-CLB chairman as independent directors
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SMARTWORKS · price
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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹490.90
prior close
₹489.00
base price
After-mkt
timing
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+0.6-0.4-0.4-1.5-1.2+0.0-1.8-3.2-3.0-8.3-1.0———
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AI summary
Smartworks Coworking Spaces has appointed Mr. Rajeev Krishnamuralilal Agarwal, former SEBI Whole-Time Member, as an Additional Non-Executive and Independent Director. The Board also recommended appointing Justice (Retd.) Dilip Deshmukh, former Chairman of the Company Law Board, as Non-Executive and Independent Director, subject to shareholder approval. Both bring expertise in capital markets, regulation, and corporate governance.
Likely market impact
Signals stronger governance with high-profile regulatory and judicial expertise joining the Board, generally viewed positively by investors.