The Board of Directors in their meeting held on 08.08.2025 has given approval for (1) Appointment of Non-Executive Independent Director (2) Appointment of Director (Quality Assurance) (3) ....
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TGV SRAAC Ltd's board, at its meeting on August 8, 2025, approved several leadership changes. Dr. M Asha Reddy was appointed as a Non-Executive Independent Director for a 5-year term (Aug 2025 to Aug 2030), subject to shareholder approval; she previously served on the board from 2016 to 2021. Sri P. Raghavendra Reddy was recommended for appointment as Director (Quality Assurance) for 3 years effective October 1, 2025, having spent 35 years with the company. Sri E. Ramaiah was recommended for re-designation from Executive Director (Mechanical) to Director (Mechanical) for 3 years, with restructured monthly remuneration of Rs. 1,84,741 initially, rising to Rs. 2,00,000 from October 2025. Additionally, Mr. Mahadev Tirunagari (FCS: 6681) was appointed as Secretarial Auditor for a 5-year term through March 2030.
This is a routine governance update with internal promotions and re-appointments; no resignations, exits, or negative signals are involved, so the immediate impact on shareholders or the stock is expected to be neutral.