Promoter son appointed Whole-time Director; new Independent Director at Radaan Media

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

RADAAN · price

Loading chart…

▲ 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

+1.0%Reaction day

₹2.99

prior close

₹2.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.3% vs market

Media & Entertainment peers, median of 12sector+0.9%+0.1% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.1 pts more than its Media & Entertainment 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

+0.0

10m

+0.3

15m

+0.3

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.3+1.3+0.9+0.1

Next day

+0.7-1.5+2.2-1.0+1.7

+0.3-1.5+1.9-2.3+2.6

+0.0-0.2+0.2-1.7+1.7

-3.0-0.5-2.5-1.2-1.8

-6.4-3.2-3.1-4.5-1.9

-3.7-2.2-1.5-1.7-2.0

15d

-11.7-9.5-2.2-7.5-4.2

—————

UpDownMarket · Nifty Microcap 250Sector · Media & Entertainment peers, median of 12Pending

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

AI summary

Radaan Media Works informed that shareholders at the AGM on 29 September 2026 approved two appointments: Mr. Rahhul Sarath as Whole-time Director for 3 years, and Ms. M. Uma as Non-executive Independent Director for 5 years. Mr. Rahhul Sarath is the son of promoters Mr. R. Sarathkumar and Mrs. Radikaa Sarathkumar. Both appointments effective from 1 September 2026.

Likely market impact

Promoter family entry on board may raise governance questions; addition of an independent director is positive for board balance.