Devang Shah appointed Company Secretary and Compliance Officer

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

+1.3%Reaction day

₹13.81

prior close

₹14.28

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.2%-0.9% vs market

Gems, Jewellery And Watches peers, median of 40sector+0.7%+0.6% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.6 pts more than its Gems, Jewellery And Watches 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

+0.0

15m

-2.0

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+2.2-0.9+0.7+0.6

Next day

+0.1+3.3-3.2+1.7-1.6

+0.9pendingpending+1.0-0.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 40Pending

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

AI summary

The board appointed Devang Shah as Company Secretary and Compliance Officer effective 3 November 2026, following the recommendation of the Nomination and Remuneration Committee. He is a qualified company secretary experienced in corporate law, listing rules, secretarial audits and compliance. The filing states that no senior manager or director is related to him.

Likely market impact

The appointment supports the company's governance and compliance functions. No direct financial impact or stock-price guidance was disclosed.