Qualiance International appoints promoter's daughter as Non-Executive Director

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

QUALIANCE · price

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

-2.5%Reaction day

₹191.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-2.2% vs market

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-2.5-0.3-2.2

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AI summary

Qualiance International appointed Mrs. Dhriti Drolia as Non-Executive Non-Independent Director from October 1, 2026. She is the daughter of CMD and Promoter Vipul Badani and part of the Promoter Group. Aged 32, she holds a BBA from NMIMS Mumbai, has been with the company since 2015 heading Design and Merchandising, and earlier served on the board from October 2025 to February 2026.

Likely market impact

Promoter family addition to the board - investors focused on board independence may note this; otherwise routine governance update.