Sharpline Broadcast appoints Mr. Ritesh as Independent Director

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

+1.8%Reaction day

₹9.00

prior close

₹8.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.8%+4.5% vs market

Advertising & Media Agencies peers, median of 7sector-2.7%+4.5% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 4.5 pts more than its Advertising & Media Agencies peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+1.8-2.8+4.5-2.7+4.5

Next day

-1.1-2.5+1.4-5.5+4.4

-0.7-1.7+1.0-7.0+6.3

-5.6-1.5-4.1-4.9-0.7

-7.2-0.8-6.4-3.5-3.7

+10.0-2.4+12.4-4.1+14.1

-0.6-3.4+2.8-5.3+4.8

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UpDownMarket · Nifty Microcap 250Sector · Advertising & Media Agencies peers, median of 7Pending

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

AI summary

Sharpline Broadcast board appointed Mr. Ritesh (DIN: 11989490) as Additional Non-Executive Independent Director on 7 October 2026 for a 5-year term, subject to shareholder approval. He holds a B.Com degree, has no relation with existing directors, and is not debarred by SEBI. Board meeting ran 3:00 to 3:15 PM.

Likely market impact

Routine governance update; adds an independent director to the board. The appointment is subject to shareholder approval at the next general meeting.