BSESNL Bearings LtdMediumNeutral
Announced Wed, 8 Apr · 18:35 IST

Appointment of Company Secretary and updated list of KMPs for the purpose of making disclosures of the determined material event or information

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹344.00
prior close
₹350.00
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AI summary

SNL Bearings Ltd has appointed Mr. Prathamesh Gaonkar as Company Secretary and Compliance Officer, effective April 08, 2026. He is also designated as a Key Managerial Personnel (KMP) of the company. Gaonkar is an Associate Member of the Institute of Company Secretaries of India and holds a Law degree with over 6 years of experience in listed company compliances and corporate governance. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board. The updated KMP list now includes Mr. Surya Prakash (CEO), Mr. Ram Narayan Sahu (CFO), and Mr. Prathamesh Gaonkar (Company Secretary) as authorized persons to determine materiality of events and make disclosures to stock exchanges.

Likely market impact

This is a routine compliance appointment that strengthens the company's secretarial and governance function. The stock is unlikely to see any significant price movement from this announcement as it involves a mid-level management appointment.