Additional Director's tenure ends due to delayed AGM

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

-4.9%Reaction day

₹17.87

prior close

₹17.87

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-4.9% vs market

Non Banking Financial Company (NBFC) peers, median of 221sector-0.0%-4.8% vs sector

On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250 and 4.8 pts less than its Non Banking Financial Company (NBFC) 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

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Reaction day

-4.9+0.0-4.9-0.0-4.8

Next day

-9.3+1.3-10.7-0.3-9.0

-12.4+1.1-13.5-0.2-12.2

-8.1-1.7-6.3-2.0-6.0

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-10.5-0.6-9.9-1.3-9.2

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15d

-9.5-6.1-3.4-4.8-4.7

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 221Pending

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

AI summary

Board noted cessation of Ms. Nainna Guptaa (DIN: 10242209) as Additional Non-Executive Director effective 1 October 2026. Her appointment could not be placed for member approval as the AGM for FY 2025-26 was not held within the prescribed period. Cessation is automatic under Section 161(1) of Companies Act 2013, not a resignation. She is the daughter of MD Mr. Rajesh Gupta.

Likely market impact

Director seat falls vacant by operation of law due to AGM delay. Minor governance concern, no direct shareholder impact.