Announced Wed, 15 Jul · 21:06 IST
Major Board Reshuffle: New MD Appointed, Four Directors Resign
Ceo ResignedCeo Appointed ExternalMultiple Ind Directors ResignedKmp ResignedManagement Changes View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.0%1-day move
₹24.06
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+6.0+3.9+1.8+1.1+5.8-2.2————
Up moveDown movePending
AI summary
Reliable Ventures India announced a major board reshuffle on July 15, 2026. Mr. Sivanag Vasireddy, a technology leader with 14 years of experience, was appointed as Additional Director and Managing Director for 3 years. Three others were also appointed as Non-Executive and Independent Directors. Meanwhile, four directors resigned including outgoing MD Sikndar Hafiz Khan, one director, and two independent directors.
Likely market impact
Complete leadership change at the top with new MD and fresh board. Watch for shareholder approval and governance continuity.