Announced Fri, 24 Jul, 2026 · 16:33 IST

Maxgrow India appoints Mr. Santosh G. Doke as Chief Financial Officer

Management Changes View source PDF Explain this filing

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

+5.0%Reaction day

₹85.24

prior close

₹89.50

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+3.7% vs market

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+5.0+1.3+3.7

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+120.1-2.4+122.5

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AI summary

Maxgrow India Limited's Board, at its meeting on July 24, 2026, approved the appointment of Mr. Santosh G. Doke as Chief Financial Officer effective the same day. He brings 14 years of experience in accounts and finance. The appointment was recommended by the Nomination and Remuneration Committee and Audit Committee, under applicable provisions of the Companies Act, 2013 and Listing Regulations.

Likely market impact

Neutral. Routine key managerial personnel appointment of an experienced finance professional as CFO.