Reappointment of Mr. Kuldeep Kumar Dhar as Managing Director

Management Changes View source PDF Explain this filing

Price

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

-3.2%Reaction day

₹46.50

prior close

₹43.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-3.2% vs market

Non Banking Financial Company (NBFC) peers, median of 214sector+0.2%-3.5% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 3.5 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

+1.7

10m

+1.7

15m

+1.7

30m

+3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2-0.1-3.2+0.2-3.5

Next day

-4.3-0.2-4.1+0.0-4.3

-3.1+0.1-3.2-0.1-3.0

-3.2+0.3-3.6+0.1-3.4

-3.2+0.4-3.6+0.0-3.2

-4.4+0.5-4.9-0.5-3.9

-3.8+0.3-4.1-1.0-2.7

15d

-3.2+1.9-5.1-0.1-3.1

-3.8+2.2-6.0-1.4-2.4

-9.7-1.2-8.5-4.8-4.9

—————

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 214Pending

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

AI summary

Morgan Ventures Board has reappointed Mr. Kuldeep Kumar Dhar as Managing Director for 5 years, from August 14, 2026 to August 13, 2031. The reappointment is subject to shareholder approval at the 39th Annual General Meeting. He holds Graduate and CA Inter qualifications with 5 decades of experience in business development, arbitration, accounts, legal, and management. He is not related to any other director and not debarred by SEBI.

Likely market impact

Continuity in top leadership; routine reappointment pending shareholder approval at the upcoming AGM.