Management Change8 Jul 2026, 03:50 pm
Shraddha Prime Projects Appoints New Director, Re-appoints MD & Director
AI Summary
Shraddha Prime Projects Ltd. has announced significant changes in its management following approval via postal ballot. Mr. Vinay Madhukar Nayak has been appointed as a Non-executive Non-Independent Director. Additionally, Mr. Sudhir Mehta has been re-appointed as the Managing Director for a term of 5 years, and Ms. Shivangi Datta has been re-appointed as a Non-Executive Independent Women Director for her second five-year term. These appointments and re-appointments are effective from April 9, 2026, and August 7, 2026, respectively. The company has provided detailed profiles and disclosures as required by SEBI regulations.
Key Highlights
- Vinay Madhukar Nayak appointed as Non-executive Non-Independent Director.
- Sudhir Mehta re-appointed as Managing Director for 5 years.
- Shivangi Datta re-appointed as Independent Director for 5 years.
- Changes approved by company members via postal ballot.
- Appointments align with SEBI Listing Obligations and Disclosure Requirements.
Price Impact
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