New MD appointed, previous MD resigns citing personal reasons

Ceo ResignedCeo Appointed ExternalKmp ResignedManagement Changes View source PDF

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₹1163.90

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AI summary

Aayush Art and Bullion Limited board appointed Mr. Mehal Bipinchandra Raval as new Managing Director from 23 July 2026. He has 14 years of experience in sales, marketing and financial services with reputed securities firms. Mr. Maulik Rajendrabhai Shah resigned as MD the same day citing personal reasons, with no material reasons disclosed.

Likely market impact

Leadership transition at the top with no material concerns flagged. Investors should watch for continuity in strategy and any follow-up disclosures.