TVSSRICHAKNSETVS Srichakra Limited· TyresLowNeutral
Announced Sat, 18 Apr · 15:59 IST

Postal Ballot: R. Naresh re-appointed as Executive Vice-Chairman

Board & Shareholder Meetings View source PDF

TVSSRICHAK · price

Loading chart…

▲ 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
+0.4%1-day move
₹3941.00
prior close
₹3937.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.3-0.6-1.3+0.4+1.4-1.5-3.6-2.9-1.5-6.0-9.3+7.2+4.0
Up moveDown movePending
AI summary

TVS Srichakra shareholders approved, via postal ballot, the re-appointment of Mr. R. Naresh (DIN 00273609) as Executive Vice-Chairman for 3 years effective 16th June 2026. The resolution passed with 96.35% votes in favour (34,29,181 for vs 1,29,924 against; 5,04,949 invalid votes). Remuneration is capped at 5% of net profits, per the Board's recommendation.

Likely market impact

Routine governance filing. Strong 96.35% shareholder approval ensures leadership continuity; no material impact on the stock expected.