Board approves Annual Report, recommends new MD appointment

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.9%Reaction day

₹10.55

prior close

₹10.53

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-0.1% vs market

TV Broadcasting & Software Production peers, median of 15sector+0.0%+0.9% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.9 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-7.2

10m

-6.6

15m

-4.6

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9+1.1-0.1+0.0+0.9

Next day

-3.9+2.4-6.3-0.0-3.9

+2.4+2.9-0.5+0.5+1.9

+1.2+4.2-3.0-0.6+1.8

-1.8+4.6-6.4-1.0-0.8

-0.5+4.6-5.1-0.6+0.1

+8.2+4.4+3.8-1.2+9.3

15d

+4.3+5.7-1.5-0.4+4.6

+5.0+6.6-1.5-1.0+6.0

-3.9+5.4-9.3-8.0+4.1

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UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 15Pending

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

AI summary

Board approved the 41st Annual Report for FY26 and set the AGM for August 25, 2026 at 11:30 AM via video conferencing. The Board also recommended shareholder approval for appointing Mr. Shankar Ravi Chaganty, aged 58, as Managing Director for 5 years effective May 26, 2026. He is a Commerce graduate with 34 years of administration experience and is not related to any existing Director.

Likely market impact

New MD appointment signals leadership change; shareholder approval pending at AGM on Aug 25, 2026.