Director and CFO resign; promoter family member joins board

CFO resignedKey managerial personnel resignedPromoter family joins the boardDirector resignedManagement Changes View source PDF Explain this filing

Price

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▲ 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

+1.9%Reaction day

₹7.34

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+2.3% vs market

Trading & Distributors peers, median of 139sector+0.0%+1.9% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 1.9 pts more than its Trading & Distributors 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9-0.4+2.3+0.0+1.9

Next day

+3.8+0.2+3.7+0.0+3.8

+5.9-0.1+5.9+0.0+5.9

+7.9+0.2+7.7-0.1+8.0

+9.9+0.5+9.4-0.0+10.0

+12.1-0.4+12.6-1.4+13.5

+16.5-0.4+16.9-1.0+17.5

15d

+36.0-2.5+38.5-3.0+39.0

+52.6+0.3+52.3-3.0+55.6

+73.6-9.4+83.0-9.6+83.2

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 139Pending

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

AI summary

Pervasive Commodities saw director Mrs. Parulben Dataniya and CFO Mr. Dharmeshkumar Dataniya resign on August 24, citing personal and pre-occupation reasons. The board appointed Mr. Chandrakant Soni, father of Managing Director Fagun Soni, as a new Non-Executive Non-Independent Director, and named Fagun Soni as the new CFO alongside his MD role.

Likely market impact

Family consolidation at board level as MD takes CFO role and his father joins as director; investors should watch governance closely.