Vineet Kumar Shrivastava appointed Additional Independent Director

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

+2.9%Reaction day

₹36.11

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Nifty Microcap 250market · in no size index; the smallest one is used+1.7%+1.2% vs market

Residential Commercial Projects peers, median of 66sector+1.6%+1.3% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.3 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+2.9+1.7+1.2+1.6+1.3

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+3.3pendingpending+1.9+1.4

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

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

AI summary

On October 26, 2026, the board appointed 39-year-old Vineet Kumar Shrivastava as an Additional Independent Director for five years, subject to shareholder approval. He has over 30 years of experience in administration, liaisoning and security management and is not related to any current director.

Likely market impact

Adds an independent director for a proposed five-year term. Appointment requires shareholder approval and does not immediately change board voting power.