Cochin Malabar Estates Re-appoints Director for Three Years Post Board Meeting
Cochin Malabar Estates & Industries Ltd has approved the re-appointment of Mr. Chandra Prakash Sharma as a Whole-Time Director of the company, effective from June 15, 2026, to June 14, 2029. The decision was made by the Board of Directors during its meeting held on June 12, 2026.The appointment sees Mr. Sharma continuing his role as a Key Managerial Personnel (KMP). The company stated that while the board approved the re-appointment for a further period of three years, subject to the approval of the shareholders, the Company will seek Member's consent in due course.
Details regarding the director and the terms of the re-appointment are provided below:
| Director Particular | Details |
|---|---|
| Name | Mr. Chandra Prakash Sharma |
| Age | 63 years |
| Experience | 36 Years in finance, taxation, legal and professional matters |
| Qualification | B. Com and Law Graduate |
| Shareholding | Holds 100 shares in the Company |
The re-appointment terms confirm that Mr. Sharma would be liable to retire by rotation. The Board meeting commenced at 3:30 P.M. and concluded at 4:00 P.M. on June 12, 2026.
Stock Price Movement
Cochin Malabar Estates & Industries Ltd settled at ₹139.90 on Friday, gaining 2.01% as the close of trade today. The shares moved throughout the day, ranging between a low of ₹135.00 and an intraday high of ₹140.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.