Nexus Surgical appoints Anish More as Additional Director, proposes him as MD

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+13.1%Reaction day

₹24.10

prior close

₹24.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+12.5% vs market

Other Financial Services peers, median of 85sector+0.2%+12.9% vs sector

On the reaction day the stock moved 12.5 pts more than Nifty Microcap 250 and 12.9 pts more than its Other Financial Services 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

+13.7

10m

+13.7

15m

+12.0

30m

+18.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+13.1+0.6+12.5+0.2+12.9

Next day

+5.4+1.3+4.1+0.1+5.3

+12.9+1.7+11.2+0.3+12.6

+40.0+2.2+37.8-0.2+40.2

+32.8+2.1+30.7-0.3+33.1

+46.1+1.9+44.3-0.8+47.0

+41.5-1.3+42.8-2.7+44.2

15d

+26.6+1.3+25.2-2.1+28.6

+34.6-0.8+35.5-4.9+39.6

—————

UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 85Pending

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

AI summary

The Board appointed Mr. Anish More (DIN 11070098) as Additional Director (Executive) with effect from close of business on 2nd September 2026. Board also proposed his appointment as Managing Director for 3 years till 1st September 2029, subject to member approval at the upcoming 35th AGM. He is not related to any existing Director or KMP, and is not debarred by SEBI. Proposed remuneration is Rs 24 Lakhs per annum, flagged as given the company reported inadequate profits under Schedule V. He holds an M.S. from UC Riverside and is co-founder of healthcare tech venture Saans AI.

Likely market impact

New MD brings tech and AI background to a surgical and medicare company. Modest salary of Rs 24L given inadequate profits. AGM member approval pending.