Announced Wed, 4 Nov, 2026 · 19:25 IST
Narender Saini reappointed as whole-time director for three years
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
The board approved re-appointment of Narender Saini as whole-time director from December 12, 2026 to December 11, 2029, subject to shareholder approval, with pay capped at Rs 6 lakh per year. Standalone loss after tax for the September quarter was Rs 29.79 lakh versus Rs 54.59 lakh a year earlier. The six-month loss was Rs 62.43 lakh.
Likely market impact
The three-year term supports management continuity, but shareholder approval is pending and continued losses keep the near-term stock outlook uncertain.