Parshwanath Corporation appoints Mr. Raj Patel as CFO

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

+4.2%Reaction day

₹72.68

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+4.8% vs market

Residential, Commercial Projects peers, median of 48sector+0.0%+4.2% vs sector

On the reaction day the stock moved 4.8 pts more than Nifty Microcap 250 and 4.2 pts more than its Residential, Commercial Projects 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

+4.2-0.6+4.8+0.0+4.2

Next day

+9.4+0.5+8.9-0.1+9.5

+10.1+1.9+8.3+0.1+10.1

+9.6+2.3+7.3-0.2+9.8

+7.3+3.6+3.7-1.3+8.6

+6.6+4.0+2.6+0.1+6.5

-3.7+4.0-7.6+0.0-3.7

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+28.0+5.9+22.0-3.0+30.9

+32.0+4.8+27.2-4.1+36.2

+6.1pendingpending-11.6+17.8

UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 48Pending

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AI summary

Parshwanath Corporation Limited has appointed Mr. Raj Patel as Chief Financial Officer and Key Managerial Personnel, effective 30 July 2026. He holds a B.Sc. in Computer Science with expertise in IT and Digital Transformation. He is not related to any director on the board. The disclosure is made under SEBI Listing Regulations.

Likely market impact

New CFO appointed; external hire with an IT background. Routine leadership update with no immediate material impact on operations or share price.