Prakash Sahu reappointed CEO for three years from February 8, 2027

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

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Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Passenger Cars & Utility Vehicles peers, median of 6sector+0.6%-2.4% vs sector

On the reaction day the stock moved 2.4 pts less than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

The board reappointed existing CEO Prakash Sahu for three years from February 8, 2027. It also approved unaudited results for the quarter and half-year ended September 30, 2026: total income Rs 188.97 lakh, net profit Rs 67.85 lakh and EPS Rs 0.02. Auditors warned that the company may not be able to continue operating because it has no operations. Management plans to seek a land review and new business partners and reports no external borrowings.

Likely market impact

Leadership continuity may support confidence, but no operations and doubts about the company's ability to continue keep shareholder risk high.