Management Change31 Aug 2026, 08:40 pm
Sri KPR Industries Appoints New Director, Reappoints MD
AI Summary
Sri KPR Industries Ltd announced board changes following a meeting on August 31, 2026. Mr. Sudhakar Chittepu has been appointed as an Independent Director for a five-year term. Mr. Kishan Reddy Nalla has been re-appointed as Managing Director for another five-year term. Additionally, Mr. Bhoopal Reddy Aleti's continuation as a whole-time director after 70 years was approved. Mr. Amarnath Narsing Rao Basha will be re-designated as Chairman from October 1, 2026. All appointments and re-appointments are subject to member approval.
Key Highlights
- New Independent Director appointed for a 5-year term.
- Managing Director re-appointed for a 5-year term.
- Whole-time director to continue post-70 years.
- Independent Director to become Chairman from Oct 1, 2026.
- All changes require shareholder approval.
Price Impact
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