Postal ballot for Rs 75 lakh commission to director Chirag Shah for FY26

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PRUDENT · price

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

-2.6%Reaction day

₹2590.00

prior close

₹2524.10

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%-2.3% vs market

Capital Markets peers, median of 59sector · industry level-0.2%-2.4% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 2.4 pts less than its Capital Markets 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

-0.1

10m

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15m

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30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-0.3-2.3-0.2-2.4

Next day

-3.5+0.7-4.2+0.0-3.6

-3.3+0.6-3.9-0.4-2.9

-1.9+0.5-2.4-0.8-1.1

-3.6+1.1-4.7-0.9-2.7

-4.3+0.3-4.6-1.9-2.5

-5.3-0.2-5.1-1.7-3.7

15d

-5.4-2.2-3.2-2.4-3.1

+2.7-4.9+7.7-3.7+6.5

-5.4-7.5+2.1-7.0+1.6

+6.5-4.8+11.2-10.2+16.7

UpDownMarket · Nifty Microcap 250Sector · Capital Markets peers, median of 59Pending

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

AI summary

Prudent Corporate Advisory Services has issued a postal ballot seeking shareholder approval for paying commission up to Rs 75 lakhs to Non-Executive Director Mr. Chirag Shah for FY 2025-26. His pay may exceed 50 percent of total Non-Executive Director remuneration, requiring shareholder approval under SEBI rules. Total such pay is capped at 1 percent of net profits. Mr. Shah received no pay from the company in FY 2024-25. E-voting runs November 12 to December 11, 2025.

Likely market impact

Routine governance item. Outcome of postal ballot is procedural and unlikely to affect share price. No material business change.