Announced Mon, 3 Aug · 20:02 IST
Board clears borrowing limit hike, director changes; EOGM Aug 25
CREATIVEYE · 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
-0.2%1-day move
₹6.20
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.2+4.7+2.1+1.8+1.3+0.0-0.8-0.2——
Up moveDown movePending
AI summary
Board approved higher borrowing limits under Section 180(1)(c), subject to shareholder nod. Re-appointed Zuby Kochhar as Whole Time Director for 3 years from June 1, 2026. Appointed Asha Choudhary as Independent Director for 5 years. Three directors resigned citing personal reasons - Charuhas Patil, Sanjay Rane, Sachin Devare. New Company Secretary Manoj Kalgutkar appointed. EOGM on August 25 via video conference; e-voting August 22-24.
Likely market impact
Multiple board changes and proposed higher borrowing limits to be placed before shareholders at August 25 EGM.