Presstonic Engineering Appoints Nishanth NS as Company Secretary and Compliance Officer

1 min read     Updated on 27 Jul 2026, 09:37 AM
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Jubin VScanX News Team
AI Summary

Presstonic Engineering Limited's Board of Directors approved the appointment of Mr. Nishanth NS as Company Secretary and Compliance Officer at its meeting on July 24, 2026. The appointment is on a full-time employment basis, effective the same date. Mr. Nishanth NS holds Membership No. A81399 with the Institute of Company Secretaries of India and a Commerce degree from Bangalore University. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015.

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Presstonic Engineering Limited has announced the appointment of Mr. Nishanth NS as its Company Secretary and Compliance Officer, following a decision taken at the Board of Directors meeting held on Friday, July 24, 2026. The board meeting commenced at 4:00 P.M. and concluded at 4:30 P.M. This disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Appointment Details

The following key details pertaining to the appointment of Mr. Nishanth NS have been disclosed as required under the applicable SEBI regulations:

Parameter: Details
Name: Mr. Nishanth NS
Role: Company Secretary and Compliance Officer
Date of Appointment: July 24, 2026
Term: Full-time employment
ICSI Membership No.: A81399
Educational Qualification: Commerce degree from Bangalore University

Profile of the Appointee

Mr. Nishanth NS is a Member of the Institute of Company Secretaries of India, holding Membership No. A81399. He also holds a Commerce degree from Bangalore University. The disclosure confirms that the relationship between directors provision is not applicable in this case, as the appointment pertains to a Key Managerial Personnel role and not that of a director.

Regulatory Compliance

The announcement was made by Herga Poornachandra Kedilaya, Managing Director of Presstonic Engineering Limited (DIN: 09120129), in a communication addressed to the National Stock Exchange of India Limited. The disclosure is in accordance with the regulatory framework governing listed entities in India, ensuring transparency in key managerial personnel changes.

Historical Stock Returns for Presstonic Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+0.20%-3.23%-13.85%-48.43%-72.52%-82.65%

How might the appointment of a new Company Secretary influence Presstonic Engineering's regulatory compliance strategy in the upcoming fiscal year?

Are there any pending governance reforms or corporate restructuring initiatives that this hiring signals for the company?

What is the expected impact on investor confidence given the change in key managerial personnel?

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Presstonic Engineering promoter H. Chandrasekhar Kedilaya passes away

0 min read     Updated on 27 Jun 2026, 09:37 PM
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AI Summary

Presstonic Engineering announced the demise of promoter group member H. Chandrasekhar Kedilaya on June 21, 2026. He held 1,000 equity shares as of the date of his death. Consequently, he ceases to be part of the promoter group under SEBI regulations.

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presstonic engineering announced the demise of its promoter group member, H. Chandrasekhar Kedilaya, on June 21, 2026. The company intimated the stock exchanges regarding this development on June 26, 2026. Kedilaya held 1,000 equity shares in the company as on the date of his death.

Following his demise, Kedilaya ceases to be a part of the promoter group of the company. This change occurs automatically in accordance with the provisions of Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure was made in compliance with Regulation 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was submitted by Herga Poornachandra Kedilaya, Managing Director of Presstonic Engineering Limited.

Details of the Promoter Group Member

Particulars Details
Name H. Chandrasekhar Kedilaya
Category Promoter Group
Date of Demise June 21, 2026
Shareholding 1,000 equity shares

Historical Stock Returns for Presstonic Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+0.20%-3.23%-13.85%-48.43%-72.52%-82.65%

Who will inherit H. Chandrasekhar Kedilaya's 1,000 equity shares, and will they join the promoter group?

Will the reduction in the promoter group size impact the company's governance structure or strategic decisions?

Are there any anticipated changes in the company's leadership or board composition following this development?

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1 Year Returns:-72.52%