Internal auditor resigns; Shrikant Yadav appointed Deputy CFO

Management Changes View source PDF Explain this filing

MAXVOLT · price

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

-2.7%Reaction day

₹418.35

prior close

₹407.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-3.6% vs market

On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250, 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

+0.7

15m

+0.0

30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-2.7+0.8-3.6

Next day

-3.9+1.0-4.9

-5.0+1.7-6.8

-3.4+0.1-3.5

-5.3+0.8-6.1

-8.4-0.9-7.5

-13.9-4.5-9.5

15d

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Internal auditor M/s S. Yadav and Co stepped down on October 12, 2026 after its authorized signatory surrendered his Certificate of Practice from ICAI. The same person, Mr. Shrikant Yadav, was appointed Deputy CFO and Key Managerial Personnel the same day. He brings over 13 years of experience in auditing, accounting, and financial reporting.

Likely market impact

Routine internal auditor change. New Deputy CFO brings 13 plus years of audit and accounting experience to the finance leadership team.