Appointment of Company Secretary and Compliance Officer

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

-1.1%Reaction day

₹76.00

prior close

₹77.95

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-1.3% vs market

Non Banking Financial Company (NBFC) peers, median of 205sector+0.1%-1.2% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.2 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.

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 205Pending

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AI summary

Morgan Ventures Limited has appointed Mr. Sriniwas Chandan as its Chief Financial Officer (CFO), Company Secretary and Compliance Officer, effective January 01, 2026. The appointment was approved by the Board of Directors at a meeting held on December 31, 2025, and Mr. Chandan has been designated as a Key Managerial Personnel (KMP) of the company. He is a qualified Fellow Member of the Institute of Company Secretaries of India, also holds an LLB degree, and brings over 15 years of experience in governance, compliance, secretarial, finance, accounts, audit and taxation. This appointment fills an important managerial and compliance role at the company.

Likely market impact

For shareholders, this announcement brings stability to the company's finance and compliance functions by bringing in an experienced professional across all key managerial areas. It is largely an administrative update and is not expected to materially impact the stock price on its own.