Announced Thu, 26 Mar · 16:05 IST

Appointment of Mrs Manorama Jitendra Shah (DIN: 07108562) as an Additional Independent Director of the Company

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-14.8%1-day move
₹1.55
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-14.8-11.0-9.0-5.2-0.6+9.0+16.1+16.1+10.3+9.7
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AI summary

Softrak Venture Investment Ltd has appointed Mrs. Manorama Jitendra Shah (DIN: 07108562) as an Additional Independent Director on the Board, effective March 26, 2026, for a term of 5 years. The appointment was made at a board meeting held from 3:30 PM to 4:00 PM on March 26, 2026, on the recommendation of the Nomination and Remuneration Committee, and is subject to shareholder approval. Mrs. Shah holds a BA degree and has over 15 years of experience in business management and administration. She is not related to any existing directors, holds no shares in the company, and is not debarred by SEBI or any other authority from holding a directorship.

Likely market impact

This is a routine board strengthening move that adds an independent director with relevant management experience. It is unlikely to have any material impact on the stock price, but it improves board composition in line with regulatory requirements.