New MD appointed as two KMP directors step down at Aqylon Nexus

CEO resignedKey managerial personnel resignedPromoter family joins the boardManagement 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 board reshuffles top leadership. MD and Chairperson Srivatsava Sunkara and Executive Director and CTO Kiran Inampudi resigned on 3 Sept 2026 citing personal reasons. Parth Rajeshbhai Rupareliya, cousin brother of existing Director Vishnu Rupareliya, appointed as new Managing Director and Chairperson for 5 years. Krunal Hapliya added as Non-Executive Independent Director. AGM fixed for 30 Sept 2026 in Mumbai.

Likely market impact

Major leadership churn with a family member taking the top post after two KMP exits. Watch AGM on 30 Sept for shareholder approval of appointments.