Board overhaul as new promoters take control - CFO and 4 directors resign

Cfo ResignedMultiple Ind Directors ResignedKmp ResignedDirector ResignedManagement Changes View source PDF Explain this filing

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

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

+2.0%Reaction day

₹18.53

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+2.3% vs market

Residential, Commercial Projects peers, median of 61sector+0.2%+1.8% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 1.8 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0-0.3+2.3+0.2+1.8

Next day

+4.0-1.5+5.5-0.3+4.3

+6.0-1.5+7.6-0.6+6.7

+8.1-0.2+8.4-1.0+9.1

+10.3-0.5+10.8-1.3+11.6

+12.5-3.2+15.7-3.1+15.6

+16.9-2.2+19.1-1.0+17.9

15d

+36.4-9.5+45.8-3.9+40.3

+50.4pendingpending-2.7+53.1

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UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 61Pending

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

AI summary

Following change of control with shares sold to Alpit Gor and Riddhi Infocom Solutions LLP, Antariksh Industries saw a major board reshuffle on Sept 29, 2026. Non-Executive Director Nilesh Kothari, CFO Ankur Patel, and three Independent Directors resigned. Five new directors, including new CFO Mahendra Sharma, were appointed.

Likely market impact

Complete leadership change as new promoter takes control. Watch for new strategic direction and shareholder approval for new appointments.