Announced Thu, 25 Jun · 18:11 IST
Change of control: 5 directors exit, new CMD appointed, auditor replaced
Ceo Appointed ExternalAuditor Resigned MidtermPromoter Family Board EntryKmp ResignedManagement Changes View source PDF
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
+10.2%1-day move
₹161.10
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.2+15.7—+27.6+33.9+47.6+103.6———
Up moveDown movePending
AI summary
Photon Capital Advisors saw a full board overhaul after a change in control. Five directors, including Whole-time Director Sobharani Nandury, resigned citing the new promoter's board reconstitution. Sreeram Reddy Vanga was named Chairman and Managing Director for 3 years. Four other directors and a new Company Secretary were appointed. Statutory auditor M. Anandam & Co resigned mid-term and was replaced by SNDJ & Co from June 26, 2026.
Likely market impact
Change of control and promoter restructuring. Watch for strategy shifts and governance signals from related-party board appointments.