Intimation of the Change in Designation.
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Aryaman Capital Markets has swapped the designations of two promoter-family directors following board and shareholder approval. Mr. Shripal Shah (DIN: 01628855) has moved from Whole-Time Director to Executive Director, while his brother Mr. Shreyas Shah (DIN: 01835575) has moved from Executive Director to Whole-Time Director. The changes were approved by the Board on August 18, 2025 and by shareholders at the 17th AGM on September 15, 2025. Shreyas Shah's new term as Whole-Time Director is for five years from August 18, 2025. Both directors are brothers and belong to the promoter group, and neither is debarred by SEBI from holding a director position.
This is an internal reshuffle within the promoter family with no new appointment or resignation, so there is no material change to the board composition or control structure. Shareholders are unlikely to see any meaningful impact on the stock price or company operations.