Nominee Director Flemming Madsen resigns from UTI AMC board effective 31 Dec 2025
UTIAMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Smallcap 250 and 0.3 pts less than its Asset Management Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mr. Flemming Madsen, Non-Executive Nominee Director of UTI AMC representing T. Rowe Price, will resign effective 31 December 2025. His exit follows the end of his association with T. Rowe Price International Ltd on the same date. He served on the UTI AMC board for nearly 16 years and was not part of any board committee. A replacement nominee from T. Rowe Price is expected to be appointed later.
Routine nominee director change as T. Rowe Price association ends. Likely to be replaced by a new T. Rowe Price nominee. Minimal direct business impact.