Two Independent Director changes approved at AGM

Management Changes View source PDF Explain this filing

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

-3.8%Reaction day

₹5.58

prior close

₹5.45

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-2.5% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector-0.5%-3.2% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 3.2 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

Stock

-0.2

10m

-0.2

15m

-1.1

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.8-1.3-2.5-0.5-3.2

Next day

-6.1-1.3-4.8-0.6-5.5

-5.2+0.0-5.2-0.6-4.6

-7.7-0.2-7.5-1.0-6.7

-7.7-3.0-4.7-2.4-5.3

-8.6-2.7-5.9-1.7-6.9

-10.8-1.7-9.0-0.4-10.4

15d

-11.8-8.9-3.0-5.5-6.4

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

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

AI summary

At the AGM on 30 September 2026, shareholders approved two board changes. Mr. Amit Gulati was re-appointed as Non-Executive Independent Director for five years from 27 September 2026. Mrs. Shobha Bharti, a Company Secretary with 12 plus years of experience, was appointed as Non-Executive Independent Director for five years from 14 August 2026.

Likely market impact

Routine board refresh with two independent director changes. No material impact expected.