
Management Change1 Nov 2026, 08:30 pm
Shankara Building Products Appoints Dhananjay Mirlay Srinivas as MD
AI Summary
Shankara Building Products Ltd announced the appointment of Mr. Dhananjay Mirlay Srinivas as the new Managing Director, effective November 1, 2026. This appointment follows the unfortunate demise of the former Managing Director, Mr. Sukumar Srinivas. Mr. Srinivas, currently a Non-Executive and Non-Independent Director, will serve a term of five years, subject to shareholder and regulatory approvals. He is familiar with the company's operations and is expected to ensure continuity in leadership.
Key Highlights
- Dhananjay Mirlay Srinivas appointed as Managing Director.
- Appointment is effective from November 1, 2026, for five years.
- Successor to the late Managing Director, Mr. Sukumar Srinivas.
- Requires shareholder and regulatory approvals.
- Appointee is a current Non-Executive and Non-Independent Director.
Price Impact
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