CFO change: Jenik Soni appointed, Jitendrakumar steps down, auditor reappointed

Cfo ResignedCeo ResignedManagement Changes View source PDF Explain this filing

Price

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

+2.3%Reaction day

₹4.26

prior close

₹4.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+2.6% vs market

Gems, Jewellery And Watches peers, median of 42sector-0.7%+3.1% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 3.1 pts more than its Gems, Jewellery And Watches 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

-0.7

10m

-0.5

15m

-0.5

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.3-0.2+2.6-0.7+3.1

Next day

+2.6-3.0+5.6-1.1+3.7

+2.3-2.7+5.1+0.1+2.2

—-1.9—+0.0—

—-1.7—+0.5—

—-1.0—+0.7—

—-2.0—+0.0—

15d

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 42Pending

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

AI summary

Ashapuri Gold Ornament's board on Oct 6, 2026 approved several changes. Mr. Jenik D Soni resigned as CEO and was appointed CFO. Mr. Jitendrakumar Soni resigned as CFO to focus on Joint MD duties. Statutory auditor Shivam Soni and Co. reappointed for second 5-year term. Independent Director Saurabh G Patel reappointed for 5 years. Remuneration for Chairman and MDs increased subject to shareholder approval. Registered office to shift within Ahmedabad.

Likely market impact

Internal role reshuffle within promoter family. Routine governance with no material business impact expected.