Rathi joins board as executive director; Talesara resigns
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On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Aryan Rathi, the Global Sales lead, was appointed additional executive director for five years from October 30, 2026, subject to shareholder approval. He will continue leading global sales and is the son of Managing Director Vinay Rathi and grandson of Virendra Prakash Rathi. Ankit Talesara resigned as non-executive director for personal reasons. P C Modi & Co was appointed joint statutory auditor until the next annual meeting, subject to shareholder approval.
Near-term stock impact is likely neutral: sales leadership continues, one non-executive director leaves, and shareholder approval is pending.