Arjun Kharva appointed Chief Financial Officer

Management Changes View source PDF Explain this filing

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

-6.6%Reaction day

₹51.30

prior close

₹46.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-7.0% vs market

Trading & Distributors peers, median of 134sector+0.0%-6.6% vs sector

On the reaction day the stock moved 7.0 pts less than Nifty Microcap 250 and 6.6 pts less than its Trading & Distributors 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

+8.3

10m

+8.2

15m

+8.2

30m

+2.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.6+0.4-7.0+0.0-6.6

Next day

+0.1pendingpending+0.0+0.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 134Pending

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

AI summary

The board appointed Mr. Arjun Kharva as the full-time Chief Financial Officer and Key Managerial Personnel with effect from 24 October 2026. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Audit Committee. He is not related to any director.

Likely market impact

The appointment may support stronger financial management and planning, but the filing provides no immediate financial guidance.