BSESarthak Industries LtdMediumNeutral
Announced Tue, 19 May · 18:07 IST

Intimation regarding Change in Management of the Company.

Management Changes View source PDF

Price

Loading chart…

▲ 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
-2.3%1-day move
₹26.50
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.3-2.3+0.0+2.8+0.9-0.6-1.9+1.8-2.5
Up moveDown movePending
AI summary

Sarthak Industries' Board of Directors met on May 19, 2026, and approved three routine items: (1) Re-appointment of Mr. Ajay Peshkar as Whole-time Director (KMP) for a further 3-year term effective May 19, 2026, subject to shareholder approval in the ensuing General Meeting. Ajay Peshkar, 51, holds a diploma in Mechanical Engineering and has over 31 years of experience in strategic planning, plant administration, and production management. He currently serves as Plant Head and joined the company in June 2021 from KPMC Technology Ltd. (2) Re-appointment of M/s. S K Malani & Co. as Internal Auditor for FY 2026-27, and (3) Re-appointment of M/s. A. Goyal and Co. as Cost Auditor for FY 2026-27. The board meeting lasted 30 minutes (5:30 PM to 6:00 PM).

Likely market impact

These are routine re-appointments indicating continuity in leadership and audit oversight. No material negative signals for shareholders as all key positions are being retained with no resignations or governance concerns flagged.