Announced Thu, 25 Jun · 21:06 IST
Amitabh Jaipuria redesignated as Whole-time Director and KMP
Management Changes View source PDF
UDS · price
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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹182.70
prior close
₹181.27
base price
After-mkt
timing
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-1.3-1.3-0.8—+2.0-0.5+3.7+6.0+3.4+2.6+6.1———
Up moveDown movePending
AI summary
Shareholders approved by postal ballot (99.77% in favor, 0.23% against) the change in designation of Mr. Amitabh Jaipuria from Non-Executive Director to Senior Executive Director and his appointment as Whole-time Director and KMP, effective April 1, 2026 for 3 years. He was already on the board. Fixed salary is Rs 1.5 crore per annum, plus a variable pay scheme to be worked on during the year and separate deal commission in any M&A transaction.
Likely market impact
Moves an existing board member into executive leadership with fixed pay of Rs 1.5 crore annually plus variable pay and M&A deal commission.