Announced Mon, 27 Jul · 18:52 IST
SPIC: TIDCO nominee director V Dakshinamoorthy ceases, P Sankar IAS replaces
Management Changes View source PDF
SPIC · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
SPIC Ltd's non-executive nominee director Mr. V Dakshinamoorthy, IAS (DIN: 09338233) has ceased to be a Director effective July 27, 2026, after TIDCO withdrew his nomination. TIDCO, a key shareholder, has nominated Mr. P Sankar, IAS as his replacement on the board. No other material reasons were cited for the change.
Likely market impact
Routine board reshuffle by government shareholder TIDCO; one IAS nominee replaces another, neutral for minority holders.