BLACKROSEBSEBlack Rose Industries LtdMediumNeutral
Announced Wed, 13 May · 16:20 IST

Announcement under Regulation 30- Change in Management.

Cfo ResignedManagement Changes View source PDF

BLACKROSE · price

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▲ 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
+11.6%1-day move
₹85.99
prior close
₹102.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1+0.1+0.1+11.6+18.0+19.7+17.4+14.4+18.0+9.4+10.2+22.5
Up moveDown movePending
AI summary

Black Rose Industries' board meeting on May 13, 2026 approved multiple items: appointment of new internal auditor (RMJ & Associates LLP) and cost auditor (Poddar & Co.) for FY 2026-27; redesignation of Mr. Ambarish Daga from Joint CFO & Investor Relationship Officer to just Investor Relationship Officer — effectively stepping down from the CFO role; re-appointment of Mr. Ambarish Daga as Whole-time Director (Executive Director) for three years from July 25, 2026; re-appointment of Mrs. Shruti Jatia as Whole-time Director (Executive Director) for three years from September 2, 2026 — she is related to Mr. Anup Jatia (Chairman/Non-Executive Director); and appointment of Ms. Darshana Sawant as Company Secretary & Compliance Officer effective May 13, 2026.

Likely market impact

Ambarish Daga's step-down from the CFO role while retaining a director position may raise questions about leadership transition; Shruti Jatia's re-appointment reinforces the Jatia family's continued board presence; overall, these are routine governance changes with no immediate negative signals.