The Board approved the appointment of Ms. Pooja Ponda (ICSI Membership no. 66677) as the Company Secretary & Compliance Officer of the Company w.e.f. June 16, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of SNL Bearings Ltd, at its meeting on June 16, 2025, approved two key managerial appointments effective the same day. Mr. Surya Prakash was appointed as Chief Executive Officer (CEO) — he brings over 28 years of experience across sales, operations, quality management and strategic planning, and most recently led business expansion at Pilkington Automotive India before rejoining the NRB group. Ms. Pooja Ponda (ICSI Membership no. 66677), a Company Secretary with an LL.B. and over four years of listed-company compliance experience, was appointed as Company Secretary & Compliance Officer. Both appointees are designated as Key Managerial Personnel and Senior Management Personnel, and were recommended by the Nomination and Remuneration Committee. The Board also refreshed the list of KMPs authorized to determine materiality of disclosures to stock exchanges, now comprising the CFO, the new CEO, and the new Company Secretary.
These are routine governance changes that fill two important leadership seats in one go, which is generally seen as positive for stability and compliance. For shareholders, there is no direct financial impact, but the new CEO's manufacturing and operations background may support execution of the company's growth plans.