Change of control at Antariksh Industries; CFO and 4 directors resign, new board appointed

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

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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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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

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+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 via share purchase agreement (existing promoters transferring to Mr. Alpit Pravinchandra Gor and Riddhi Infocom Solutions LLP), 4 directors resigned: Non-Executive Director Nilesh Kothari and CFO Ankur Patel (due to control change), plus 3 Independent Directors citing other commitments. Board appointed 5 new directors including 2 Executive Directors and 3 Independent Directors, plus new CFO Mahendra Sharma. All changes effective September 29, 2026.

Likely market impact

Full board and CFO overhaul from promoter change. Shareholders should watch for new strategic direction under incoming management.