41st AGM notes audit disclaimer on internal financial controls

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

+7.1%Reaction day

₹10.50

prior close

₹11.04

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+6.5% vs market

TV Broadcasting & Software Production peers, median of 16sector-0.1%+7.3% vs sector

On the reaction day the stock moved 6.5 pts more than Nifty Microcap 250 and 7.3 pts more than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+7.1+0.6+6.5-0.1+7.3

Next day

+1.0+0.4+0.7-0.4+1.4

+4.3+0.7+3.6+0.0+4.3

+5.5+1.0+4.6+0.1+5.4

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+8.8-0.6+9.4-2.4+11.2

+5.0+0.7+4.4-0.8+5.8

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+6.2-0.9+7.1-5.9+12.1

-4.8-9.0+4.2-13.7+8.9

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UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 16Pending

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

AI summary

Colorchips New Media held its 41st AGM on 25 August 2026 by video conference, with 32 members present. Members considered the FY2026 audited financial statements, Saurabh Ramdorai's retirement by rotation, and Shankar Ravi Chaganti's appointment as Managing Director. The financial statement audit report had no qualifications, but auditors disclaimed an opinion on internal financial controls because some records and documents were unavailable. Voting results were due within 48 hours.

Likely market impact

The internal controls disclaimer is a governance risk and may hurt investor sentiment, while final voting results are awaited.