Announced Tue, 30 Jun · 16:28 IST
Board reshuffle: new MD and CFO appointed, existing MD moved to non-executive role
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.5%1-day move
₹0.93
prior close
₹0.92
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1+0.0+0.0+0.0+6.5+7.5+5.4+4.3+3.2+2.2-2.2———
Up moveDown movePending
AI summary
Avance Technologies reshuffled its board on 30 June 2026. Mr. Latesh Poojary moved from Managing Director to Non-Executive Director. Mr. Santosh Hambare was appointed as the new Managing Director for five years and also as CFO to complete the KMP composition. Mr. Dipak Gaikwad joined as an additional Non-Executive Independent Director for five years. All appointments need shareholder approval within three months.
Likely market impact
Leadership transition adds independent oversight and fills the CFO vacancy. New MD brings accounting expertise. Mildly positive for governance.