DB (International) Stock Brokers Limited has informed the Exchange regarding Re-appointment of Mr Shiv Narayan Daga as Chairman & Managing Director of the company w.e.f. September 06, 2025.

Management Changes View source PDF Explain this filing

DBSTOCKBRO · 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

-0.6%Reaction day

₹25.57

prior close

₹26.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%-0.6% vs market

Stockbroking & Allied peers, median of 34sector+0.6%-1.2% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 1.2 pts less than its Stockbroking & Allied 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

-0.4

10m

-0.4

15m

-1.7

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.0-0.6+0.6-1.2

Next day

+0.1+0.4-0.3+1.1-0.9

+0.7+0.6+0.2+1.0-0.3

+2.1+1.0+1.1+2.3-0.2

+0.7+0.9-0.2+1.1-0.4

+4.8+0.8+4.0+1.3+3.5

+6.9+2.2+4.7+2.5+4.4

15d

+1.1-1.7+2.8-2.5+3.6

-0.2-0.5+0.4+2.0-2.2

-0.7-0.5-0.2-1.5+0.8

-1.8-4.7+2.9-3.4+1.6

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 34Pending

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

AI summary

DB (International) Stock Brokers Limited has informed the exchange about the re-appointment of Mr Shiv Narayan Daga as Chairman & Managing Director of the company, effective from September 06, 2025. Mr Daga was already serving in this role, and the company has now formally continued his leadership for another term. The announcement reflects continuity at the top management level without any change in leadership.

Likely market impact

This is a routine governance update signalling leadership continuity. Shareholders should see no disruption, and the stock is unlikely to react materially as no change in leadership direction is implied.