SOMICONVEYNSESomi Conveyor Beltings LimitedMediumNeutral
Announced Sat, 18 Apr · 18:40 IST

Somi Conveyor Beltings Limited has informed the Exchange regarding Re-appointment of Mr. Santosh Kumar Joshi as Non- Executive Independent Director of the company w.e.f. February 22, 2026.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹114.00
prior close
₹115.00
base price
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AI summary

Somi Conveyor Beltings Limited has submitted a clarification regarding the re-appointment of Mr. Santosh Kumar Joshi as a Non-Executive Independent Director for a second term of 5 consecutive years, effective from February 22, 2026. The re-appointment was approved by the Board on April 8, 2026, and is subject to shareholder approval via Special Resolution at an Extra-Ordinary General Meeting scheduled for May 6, 2026. Mr. Joshi, aged 52, holds an M.Com and B.Ed degree with over 31 years of experience in accountancy and economics. The company confirmed he is not related to any other directors or Key Managerial Personnel and is not debarred from holding the director position by any regulatory authority.

Likely market impact

This is a routine corporate governance filing confirming the board-approved re-appointment of an independent director pending shareholder approval. It has no immediate impact on the stock as the appointment is subject to EGM passing a Special Resolution.