Board reshuffle at Antariksh Industries after change of control
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Following the transfer of promoter shareholding to Mr. Alpit Pravinchandra Gor and Riddhi Infocom Solutions LLP under a Share Purchase Agreement dated June 26, 2026, the entire board was reconstituted on September 29, 2026. Non-Executive Director Mr. Nilesh Kothari, CFO Mr. Ankur Patel, and three Independent Directors resigned with immediate effect. Five new directors were appointed, including two Executive Directors (Mr. Tushar Kudalkar as Whole Time Director and Mr. Umesh Bhadreswara as Executive Director) and three new Independent Directors. Mr. Mahendra Bansidhar Sharma replaced Mr. Patel as the new CFO.
Major board overhaul signals change of control; new management team now in charge of strategy and finances.