Independent Director Mr. Afsar Ismail Khan resigns effective 5 Oct 2026

Management Changes View source PDF Explain this filing

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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

-0.1

10m

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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 post market hours, citing personal reasons. He will also step down from 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

Loss of one independent director; three board committees need reconstitution. No governance red flags flagged in the filing.