Sharpline Broadcast appoints Mr. Ritesh as independent director

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

+12.5%Reaction day

₹8.00

prior close

₹9.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+12.7% vs market

Advertising & Media Agencies peers, median of 8sector+1.2%+11.3% vs sector

On the reaction day the stock moved 12.7 pts more than Nifty Microcap 250 and 11.3 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-6.1

10m

-0.6

15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+12.5-0.2+12.7+1.2+11.3

Next day

+14.5-3.0+17.5-2.5+17.0

+11.3-2.7+14.0-4.6+15.9

+11.8-1.9+13.7-5.7+17.4

+6.3-1.7+8.0-4.1+10.4

+4.4-1.0+5.4-2.0+6.4

+10.8-2.0+12.7-5.2+15.9

15d

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UpDownMarket · Nifty Microcap 250Sector · Advertising & Media Agencies peers, median of 8Pending

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

AI summary

Sharpline Broadcast Limited has appointed Mr. Ritesh (DIN: 11989490) as an Additional Non-Executive, Independent Director, effective 7 October 2026. The appointment is for five consecutive years and is subject to shareholder approval. The board approved the move on the recommendation of the Nomination and Remuneration Committee. Mr. Ritesh holds a B.Com degree and has no relationship with existing board members.

Likely market impact

Adds an independent director to the board, subject to shareholder approval. Minor governance update with no major financial impact.