Demise of Senior Management Personnel at Aarvi Encon

Management Changes View source PDF Explain this filing

AARVI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.1%Reaction day

₹156.89

prior close

₹156.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-1.7% vs market

Diversified Commercial Services peers, median of 72sector-0.1%-1.0% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.0 pts less than its Diversified Commercial 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

Stock

-0.8

10m

-0.8

15m

-0.9

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+0.5-1.7-0.1-1.0

Next day

-2.8+0.8-3.6+0.0-2.8

-2.3+1.0-3.4+0.2-2.5

-2.8+0.6-3.4-0.3-2.5

-4.4+1.2-5.6-0.1-4.3

-7.2+0.9-8.1+0.0-7.2

-9.4+1.6-10.9-0.0-9.3

15d

-8.4+1.9-10.3-1.1-7.3

-13.3+0.8-14.1-1.3-12.0

-15.6-5.7-9.9-7.5-8.1

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

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

AI summary

Aarvi Encon informed exchanges about the unfortunate demise of Mr. Reyaz Khan, General Manager overseeing the Kolkata Branch. He joined the company in 2008 and was part of senior management personnel. Reason for cessation is death, effective August 20, 2026. The company expressed condolences to his family and colleagues.

Likely market impact

Loss of an experienced senior manager heading the Kolkata branch may affect local operations temporarily, but is unlikely to materially impact the company.