Announced Tue, 6 Oct, 2026 · 20:54 IST

CEO and CFO resign in internal realignment; auditor reappointed for 5 years

Ceo ResignedCfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹4.26
prior close
₹4.40
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AI summary

Ashapuri Gold Ornaments board on Oct 6, 2026 accepted resignations of CEO Mr. Jenik D Soni and CFO Mr. Jitendrakumar S Soni, citing role realignment. Jenik was immediately appointed as the new CFO, staying within the promoter family. The board also reappointed statutory auditor M/s Shivam Soni and Co for a second 5-year term, reappointed Saurabh G Patel as independent director, and proposed higher remuneration for promoter-directors, all subject to AGM approval.

Likely market impact

Internal realignment with no external disruption; promoter family retains control and top finance role; governance continuity maintained.