Board appoints new CFO, director and auditors; accepts secretarial auditor exit

Management Changes View source PDF Explain this filing

AQYLON · price

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

-5.0%Reaction day

₹26.76

prior close

₹25.42

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-5.4% vs market

TV Broadcasting & Software Production peers, median of 16sector-0.4%-4.6% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 4.6 pts less 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.

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Sessions after the filingfrom the prior close

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Reaction day

-5.0+0.4-5.4-0.4-4.6

Next day

-0.3+1.7-2.0-0.6+0.3

+4.7+2.1+2.6-0.9+5.5

+1.4+2.1-0.7-0.8+2.2

+0.7+2.1-1.4-1.7+2.4

-5.1+1.9-7.0-1.7-3.3

-11.3+2.4-13.7-0.7-10.6

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-5.8+3.0-8.9-1.7-4.1

-15.4+3.7-19.2-3.2-12.2

-40.0+1.6-41.5-4.4-35.6

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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

Board meeting on 4 Aug 2026 approved multiple changes. Appointed Mr. Bhavin Sanghani (Commerce graduate, 4+ years finance experience) as new CFO. Appointed Mr. Vishnu Rupareliya as Additional Executive Non-Independent Director. Also named M/s Lakshita Bhandari & Co as Internal Auditor and M/s Pooja M Patel & Associates as new Secretarial Auditor for FY 2026-27, after accepting resignation of outgoing Secretarial Auditor Ms. Krina Shah citing personal reasons.

Likely market impact

Routine leadership refresh. Secretarial auditor exit mid-tenure is a minor governance flag worth tracking; otherwise neutral for shareholders.