Independent Director Mr. Afsar Ismail Khan resigns

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

+0.7%Reaction day

₹1265.00

prior close

₹1267.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.6% vs market

Other Textile Products peers, median of 184sector+0.8%-0.1% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.1 pts less than its Other Textile Products 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

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15m

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30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+1.3-0.6+0.8-0.1

Next day

+0.9+1.1-0.1+0.7+0.3

+0.7-1.7+2.4-1.0+1.7

+1.3-1.5+2.8-0.9+2.3

+2.1-0.6+2.7-0.9+3.0

+2.1-0.4+2.6-0.5+2.7

+3.6-1.4+4.9-0.5+4.0

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 184Pending

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

AI summary

Mr. Afsar Ismail Khan (DIN: 11189994) has resigned as Non-Executive Independent Director of Aayush Art and Bullion Limited effective 5 October 2026, citing personal reasons. He also ceased to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. He confirmed there are no other material reasons for his exit.

Likely market impact

Minor board-level change. Loss of one independent director may affect committee composition but unlikely to impact operations or stock price materially.