Announced Mon, 24 Aug · 18:32 IST
CFO and Director resign; family member appointed to board
Cfo ResignedPromoter Family Board EntryKmp ResignedManagement Changes View source PDFExplain this filing
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹7.34
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.8+5.9+7.9+9.9+12.1+16.5————
Up moveDown movePending
AI summary
Pervasive Commodities announced CFO Dharmeshkumar Dataniya resigned (pre-occupation elsewhere) and Non-Executive Director Parulben Dataniya resigned (personal reasons), both effective Aug 24, 2026. Chandrakant Soni, father of Managing Director Fagun Soni, was appointed Additional Non-Executive Director. MD Fagun Soni was additionally appointed as CFO, combining both leadership roles. Board committees were reconstituted.
Likely market impact
Combining MD and CFO roles plus a family member on board may raise governance concerns. Both exits cited no material reasons.