Nitin Castings Appoints Meghna Vihang Makda as Additional Independent Director
Nitin Castings Limited has approved the appointment of Ms. Meghna Vihang Makda as an Additional Director (Non-Executive - Independent). The decision was made by the company’s Board of Directors during a meeting held on July 25, 2026, and is subject to shareholder approval.The appointment grants Ms. Makda the position effective from July 25, 2026, for a period of five years.
Ms. Meghna Vihang Makda has been appointed as an Independent Director based on the recommendation of the Nomination and Remuneration Committee. She possesses qualifications befitting the role, being a Fellow Chartered Accountant with over ten years of experience in corporate and financial advisory, audit, taxation, compliance, fundraising, valuation, and due diligence. Ms. Makda also has extensive expertise advising large and mid-sized organizations on financial and regulatory matters, and currently serves as an Independent Director on the Board of a listed company.
Ms. Makda is not associated with any existing Director of Nitin Castings Limited.
Key details regarding the appointment are summarized below:
| Particular | Detail |
|---|---|
| Reason for Change | Appointment as Additional Director (Independent) |
| Date of Appointment | July 25, 2026 |
| Term of Appointment | Five years |
| Director Profile Highlights | Fellow Chartered Accountant with over 10 years of experience in corporate and financial advisory. |
Stock Price Movement
On Friday's close, shares of Nitin Castings Ltd. declined, settling at ₹550.85 after marking a 4.0% drop. The stock traded through the session, moving between an intraday low of ₹549.00 and a high of ₹554.50.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.
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