Aqylon Nexus MD and Executive Director resign, new MD and Independent Director appointed

CEO resignedPromoter family joins the boardKey managerial personnel resignedManagement Changes View source PDF Explain this filing

AQYLON · price

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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

+4.2%Reaction day

₹22.63

prior close

₹22.79

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+3.8% vs market

TV Broadcasting & Software Production peers, median of 16sector-0.6%+4.8% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 4.8 pts more than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+1.4

15m

+1.4

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.2+0.4+3.8-0.6+4.8

Next day

+2.7+0.9+1.8-0.5+3.2

-0.4+0.8-1.2-0.5+0.1

-4.3+0.6-4.9-1.4-3.0

-5.0+0.7-5.7-0.8-4.2

-9.4-2.6-6.8-4.3-5.1

-16.5-1.9-14.6-3.9-12.6

15d

-24.4-0.6-23.9-6.6-17.9

-29.4-1.0-28.4-6.5-22.9

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UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 16Pending

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

AI summary

Aqylon Nexus's MD and Chairperson Srivatsava Sunkara and Executive Director and CTO Kiran Kumar Inampudi both resigned effective September 3, 2026, citing personal and professional reasons. Parth Rupareliya, cousin of existing Director Vishnu Rupareliya, was appointed as new MD and Chairperson for five years. Krunal Hapliya was added as Independent Director for five years. AGM set for September 30, 2026.

Likely market impact

Major leadership churn with both MD and Executive Director exiting on the same day. New MD is a relative of an existing director, so watch governance closely.