Board appoints CFO, Company Secretary; re-appoints Whole-Time Director

Management Changes View source PDF Explain this filing

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

+3.8%Reaction day

₹155.75

prior close

₹155.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%+4.9% vs market

Residential, Commercial Projects peers, median of 49sector-0.7%+4.5% vs sector

On the reaction day the stock moved 4.9 pts more than Nifty Microcap 250 and 4.5 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.

Minutes after the announcementfrom the announcement price · no benchmark

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10m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.8-1.2+4.9-0.7+4.5

Next day

+1.6-1.9+3.4-1.3+2.9

+4.3-1.4+5.8-0.9+5.2

+5.2-0.1+5.4+0.4+4.8

+9.6-1.4+11.0-1.4+11.0

+13.5-1.0+14.5-1.9+15.4

+9.3-0.4+9.7-1.8+11.1

15d

-10.8+3.2-13.9-0.6-10.2

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UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 49Pending

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

AI summary

Board on July 22, 2026 appointed Mr. Partha Banerjee (Chartered Accountant, over 35 years experience in finance and governance) as CFO and Mr. Ritik as Company Secretary and Compliance Officer, both effective July 22, 2026. Mr. Pradeep Kumar Pugalia re-appointed as Whole-Time Director for 5 years from August 2, 2026, subject to shareholder approval. Mr. Ritik also named Nodal Officer for IEPF coordination.

Likely market impact

Multiple KMP appointments plus WTD re-appointment suggest leadership continuity and stronger finance and compliance functions going forward.