Intimation of Appointment Director
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Stovec Industries has appointed Mr. Arnout Otma (DIN: 11521057) as an Additional Director in the Non-Executive Non-Independent category, effective 10th February 2026, via a circular resolution. The appointment is subject to shareholder approval. Mr. Arnout is the Chief Financial Officer of SPGPrints B.V., the Netherlands-based parent company of Stovec Industries. He holds a Master's in Finance & Control from Nyenrode Business University and brings roughly 20 years of experience in financial management, restructuring, and business optimization. He has no inter-se relationship with any existing director and is not debarred by SEBI from holding directorship.
This is a routine board appointment representing the parent company (SPGPrints B.V.) and is unlikely to have a material impact on the stock price. It strengthens parent-company oversight on the board.