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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

₹31.64

prior close

₹30.06

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-5.4% vs market

Telecom - Services peers, median of 17sector · industry level-0.1%-4.9% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 4.9 pts less than its Telecom - Services peers, 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+0.4-5.4-0.1-4.9

Next day

-9.7+0.7-10.4-1.7-8.0

-14.2+0.7-15.0-0.6-13.7

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-16.4+3.7-20.1+5.6-22.0

-18.1+3.0-21.1-0.6-17.5

-29.7-1.4-28.2-8.6-21.1

UpDownMarket · Nifty Microcap 250Sector · Telecom - Services peers, median of 17Pending

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

AI summary

Nettlinx Limited's board has approved seeking shareholder approval through a postal ballot for three key matters: (1) sale of shares held in Sri Venkateswara Green Power Projects Limited, (2) appointment of Mr. Amarender Reddy Bandaru as Non-Executive Independent Director, and (3) appointment of Mr. Rohith Loka Reddy as Managing Director. Mr. Ch. Veeranjaneyulu (Partner of M/s. VCSR & Associates) has been appointed as scrutinizer for the process. The e-voting window runs from May 30, 2025 to June 28, 2025, with results expected to be declared on or before June 30, 2025.

Likely market impact

Shareholders will vote on a potential divestment from the green power subsidiary along with two key board appointments. The outcome of the share sale in Sri Venkateswara Green Power Projects could impact future revenue contribution from that business segment.