Board appoints new CFO, accepts ID exit, flags Q2 results delay

Ceo ResignedCfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

CREATIVEYE · price

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

+0.6%Reaction day

₹7.06

prior close

₹7.56

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+0.5% vs market

Media & Entertainment peers, median of 11sector+0.0%+0.6% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.6 pts more than its Media & Entertainment 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

-6.1

10m

-6.0

15m

-6.0

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.1+0.5+0.0+0.6

Next day

+2.1-0.5+2.6+0.0+2.1

-0.8-1.0+0.1+0.0-0.8

-0.8-1.8+0.9-0.1-0.8

+0.4-1.8+2.3-0.8+1.2

+0.3-0.4+0.7+1.4-1.1

+1.3+0.7+0.6+0.0+1.3

15d

+1.1-3.9+5.0-3.5+4.6

+0.3-9.4+9.6-8.3+8.6

-5.0-4.1-0.8-7.3+2.4

-11.8-16.1+4.3-18.1+6.4

UpDownMarket · Nifty Microcap 250Sector · Media & Entertainment peers, median of 11Pending

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

AI summary

The board on Dec 22, 2025 appointed Mr. Sachin Devare as new CFO and Additional Director. It accepted Independent Director Mr. Amit Doshi's resignation. The board flagged non-submission of Q2 FY26 results due to recent exits of the MD, CFO, Company Secretary, and Statutory Auditor, plus the demise of Chairman Late Shri Dheeraj Kumar Kochhar. New statutory auditor proposals invited, EGM notice to be issued.

Likely market impact

Multiple top-level exits plus a missed quarterly filing signal deep governance instability; new CFO and auditor search aim to restore compliance.