Shraddha Prime Projects Ltd Appoints New Non-Executive Director and Records Resignation
Shraddha Prime Projects Ltd, formerly known as Towa Sokki Limited, announced updates following its Board of Directors meeting held on April 9, 2026. The board approved the appointment of a new Non-Executive Director and took record of a resignation from the company's board.The meeting, which commenced at 12:30 p.m. and concluded at 12:55 p.m., resulted in two key changes to the company's directorship.
Mr. Vinay Madhukar Nayak (DIN: 08494834) has been appointed as an Additional Non-Executive Director, with the appointment effective from April 9, 2026. Mr. Nayak holds a Master Degree in International Business from the University of Wales - Cardiff, UK, and brings wide experience in retail sales and operation, which is expected to benefit the company's business operations.
Concurrently, the company noted the resignation tendered by Mr. Ramchandra Krishnakant Ralkar (DIN: 02817292) as Non-Executive Director, effective from the close of business hours on April 8, 2026. The stated reason for the change was resignation due to professional commitments and personal reasons.
The details of the appointment and cessation are presented below:
| Director Name | Role | Change Type | Effective Date | Key Details |
|---|---|---|---|---|
| Mr. Vinay Madhukar Nayak (DIN: 08494834) | Non-Executive Director | Appointment | April 9, 2026 | Master Degree in International Business from University of Wales - Cardiff, UK; experience in retail sales and operation. |
| Mr. Ramchandra Krishnakant Ralkar (DIN: 02817292) | Non-Executive Director | Resignation | April 8, 2026 | Resignation due to professional commitments and personal reasons. |
The company also confirmed that Mr. Nayak's appointment is effective from April 9, 2026, while Mr. Ralkar's cessation as Non-Executive Director was effective from the end of the day on April 8, 2026.
Stock Price Movement
As of 1:17 PM, Shraddha Prime Projects Ltd shares are ticking up to ₹167.90, gaining 0.81%. The stock has moved within a noticeable intraday span, trading between a low of ₹166.00 and a high of ₹172.70.Source:
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