Chairman and MD Anjay Agarwal resigns; Audit Committee reconstituted

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Price reactionminutes from the announcement price · days from the prior close

+2.4%Reaction day

₹99.00

prior close

₹99.02

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+3.0% vs market

Consulting Services peers, median of 17sector+3.3%-0.9% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 0.9 pts less than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+2.4-0.6+3.0+3.3-0.9

Next day

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UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

AAA Technologies informed exchanges that Chairman and Managing Director Mr. Anjay Agarwal and Executive Director Mrs. Ruchi Anjay Agarwal resigned on 11 December 2025. The Board accepted their resignations via a circulation resolution. Mr. Venugopal Dhoot, Whole-time Director, was inducted into the Audit Committee, which now has three members including two independent directors.

Likely market impact

Sudden exit of the promoter Chairman and MD may raise governance concerns. Watch for clarity on reasons and succession plans.