Announced Fri, 10 Jul · 11:36 IST
Board approved 10:1 share split, 3 directors resigned, 3 appointed
Management Changes View source PDF
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
+0.3%1-day move
₹149.45
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.3+3.0+2.4-2.5-6.9+0.3————
Up moveDown movePending
AI summary
Board on July 9, 2026 approved 10:1 share split (Rs.10 to Re.1 face value) and promoter reclassification to public. 3 directors resigned citing personal reasons: Priyansh Parekh (Independent), Neepa Kothari (Promoter Director), and Vinod Mehta (Executive Director and Promoter). 3 new directors appointed: Nitish Mehta, Hiren Shah as Executive Directors, and Sandeep Mahadik as Independent Director for 5 years. Subject to shareholder and BSE approvals.
Likely market impact
Share split may improve liquidity. Three director exits plus promoter reclassification to public may signal governance changes for shareholders to monitor.