Sharda Motor Industries Limited has informed the Exchange regarding Appointment of Mr Ashwani Mah as Other of the company w.e.f. July 01, 2025.

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

SHARDAMOTR · price

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

+6.1%Reaction day

₹984.00

prior close

₹996.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+6.3% vs market

Auto Components & Equipments peers, median of 109sector-0.3%+6.5% vs sector

On the reaction day the stock moved 6.3 pts more than Nifty Microcap 250 and 6.5 pts more than its Auto Components & Equipments 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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15m

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30m

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Reaction day

+6.1-0.2+6.3-0.3+6.5

Next day

+6.2-0.1+6.3-0.1+6.3

+7.0+0.3+6.7-0.1+7.1

+20.5-0.2+20.7-0.6+21.2

+14.0-0.3+14.3-1.0+14.9

+9.2+0.2+9.0-0.5+9.7

+7.5+0.1+7.4-1.3+8.8

15d

+17.0+1.2+15.8+0.7+16.3

+6.6-2.2+8.8-3.0+9.6

+6.4-3.0+9.3-2.5+8.9

+10.3-2.9+13.2+1.3+8.9

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 109Pending

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

AI summary

Sharda Motor Industries has appointed Mr Ashwani Maheshwari as Deputy Managing Director of the company with effect from July 1, 2025. He is an IIT Roorkee Mechanical Engineering graduate and a Sloan Fellow from London Business School. He brings over 35 years of leadership experience from various reputed organisations. The appointment was disclosed under SEBI Listing Regulations as a change in senior management personnel.

Likely market impact

This is a senior leadership addition that brings significant external experience to the company, which may be viewed positively by investors for governance and strategic continuity. No immediate material impact on share price is expected from this routine disclosure.