Announced Fri, 16 Oct, 2026 · 13:09 IST

Board approves migration to NSE Main Board, ESOP 2026 and new director

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AI summary

Board approved migration of company from NSE Emerge (SME) platform to NSE Main Board, subject to shareholder and NSE approvals. Also approved ESOP 2026 for company and group company employees. Appointed Ms. Kiran Nitesh Prajapati as Independent Non-Executive Director for 5 years and Mr. Prashant H. Patel as Internal Auditor for FY2026-27. A postal ballot will be held to seek shareholder approval for these items.

Likely market impact

Main Board migration may improve liquidity and attract institutional investors if approved. ESOP 2026 could lead to future share dilution.