Announced Thu, 23 Jul · 16:59 IST

New MD appointed, previous MD resigns

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹1163.90
prior close
base price
After-mkt
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+0.4
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AI summary

Mr. Mehal Bipinchandra Raval appointed as Additional Executive Director designated as Managing Director of Aayush Art and Bullion Limited, effective 23 July 2026. He brings over 14 years of experience in sales, marketing, business development and client relationship management in the financial services sector. In the same board meeting, Mr. Maulik Rajendrabhai Shah resigned as Managing Director citing personal reasons, effective immediately.

Likely market impact

Smooth leadership transition; new MD brings 14 years in financial services. Outgoing MD cites personal reasons with no other material concerns disclosed.