Management Change26 May 2026, 02:13 pm
Redtape Ltd: Shashank Kumar Redesignated as VP - Administration
AI Summary
Redtape Ltd announced the re-designation of Mr. Shashank Kumar from Chief General Manager (Administration) to Vice President (Administration), effective May 26, 2026. This change makes him part of the Senior Management Personnel. The Board also recommended a final dividend of ₹2 per equity share for FY26, subject to shareholder approval. Additionally, the re-appointment of Internal and Cost Auditors for FY27 was approved.
Key Highlights
- Mr. Shashank Kumar redesignated as Vice President (Administration) effective May 26, 2026.
- Board recommends a final dividend of ₹2 per share for FY26, pending shareholder approval.
- Record date for dividend entitlement is fixed as July 31, 2026, subject to AGM approval.
- M/s Surinder Mahajan & Associates re-appointed as Internal Auditors for FY27.
- Mr. Arun Kumar Srivastava re-appointed as Cost Auditors for FY27.
Price Impact
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