Space Incubatrics Technologies Ltd Announces Board Changes with Key Appointments and Director Resignations

Space Incubatrics Technologies Ltd Announces Board Changes with Key Appointments and Director Resignations​

Space Incubatrics Technologies Ltd announced significant changes to its board composition following a board meeting held on April 17, 2026. The board approved the appointment of two new directors and accepted the resignations of two existing board members.

The company's board meeting, held on April 17, 2026, considered and approved several key corporate actions concerning its leadership structure.

Director Appointments​

The board appointed Mr. Nand Kishore Ray and Mr. Dheeraj Kumar to key directorial positions, effective April 17, 2026.

Mr. Nand Kishore Ray was appointed as an Additional Non-Executive and Non-Independent Director. His profile indicates he was born on January 1, 1956, and his father's name is Mr. Kalewar Ray.

Mr. Dheeraj Kumar was appointed as an Additional Executive Director. Details confirm his date of birth as January 1, 2005, and his father's name is Mr. Nand Kishor Ray.

Director Changes and Resignations​

Additionally, the board considered and approved two resignations, effective April 17, 2026.

Mr. Rajender Parsad resigned from the post of Executive Director due to personal and unavoidable reasons. During his tenure, he held a professional category directorship at Johnson Pharmacare Limited.

Mr. Umesh Kumar resigned from the role of Non-Executive and Non-Independent Director for personal and unavoidable reasons. He also held a professional category directorship at Johnson Pharmacare Limited.

The company confirmed that both resigning directors confirmed that there were no other material reasons for their departure other than those provided.

Stock Price Movement​

As of 15:15, Space Incubatrics Technologies Ltd shares are edging higher at ₹0.21, up 5.00% for the day. Throughout the session, the stock tested a low of ₹0.20 before moving up to mark its high at ₹0.21.