Ind Director Anant Bhatt resigns, new auditor appointed

Director ResignedManagement Changes View source PDF Explain this filing

AASTHA · price

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

+9.9%Reaction day

₹73.12

prior close

₹73.24

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+9.3% vs market

On the reaction day the stock moved 9.3 pts more than Nifty Microcap 250, 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

+0.7

10m

+0.6

15m

+0.5

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+9.9+0.6+9.3

Next day

+20.9+0.4+20.5

+9.1+0.7+8.4

+14.3+1.0+13.4

+13.5-0.0+13.5

+8.0-0.6+8.6

+7.0+0.7+6.3

15d

+5.8-1.2+7.1

-46.3-0.9-45.4

-69.4-9.0-60.4

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Board approved resignation of Mr Anant Bharatbhai Bhatt as Non-Executive Independent Director effective Aug 25, 2026 due to pre-occupation and personal commitments. Mr Utsav Himanshu Trivedi appointed as new Independent Director for 5 years subject to shareholder approval. Statutory auditor S N D K and Associates LLP replaces S N Shah and Associates whose term expired at the upcoming AGM. New secretarial auditor also appointed. Record date fixed for final dividend.

Likely market impact

Routine board and auditor reshuffle with immediate director replacement. No material governance red flag signaled, but watch upcoming AGM outcomes.