eMudhra board: promoter chairman re-appointed, sons join as directors

Promoter family joins the boardManagement Changes View source PDF Explain this filing

EMUDHRA · price

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

+7.3%Reaction day

₹521.00

prior close

₹552.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+3.7%+3.6% vs market

IT Enabled Services peers, median of 75sector+2.4%+4.9% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 4.9 pts more than its IT Enabled Services 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

+4.1

10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.3+3.7+3.6+2.4+4.9

Next day

+1.2+5.1-3.9+2.2-1.1

-1.9+4.0-6.0+1.4-3.3

-2.1+3.2-5.3+1.1-3.2

-2.9+5.9-8.7+3.6-6.4

-1.2+6.9-8.2+4.6-5.9

-4.0+5.9-9.9+2.0-6.0

15d

-15.2+2.1-17.2-2.0-13.2

-17.5-3.5-14.0-9.2-8.3

-18.6-4.2-14.4-12.9-5.7

-3.1+10.9-14.1-4.6+1.5

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 75Pending

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

AI summary

eMudhra's board on Feb 2, 2026 approved re-appointment of promoter Venkatraman Srinivasan as Executive Chairman for 5 years from May 26, 2026. Also approved appointment of his two sons, Kaushik Srinivasan as Whole-Time Director and Arvind Srinivasan as Director, both for 5 years from April 1, 2026, subject to shareholder approval.

Likely market impact

Promoter continuity with sons formally joining the board strengthens family control but may raise governance questions about board independence.