Appointment of Mr. Ratnadeep Acharyya as Managing Director & CEO - IB and designated him as Senior Management Personnel of the Company.

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

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

+4.7%Reaction day

₹66.79

prior close

₹63.39

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+6.0% vs market

Stockbroking & Allied peers, median of 38sector-1.3%+5.9% vs sector

On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250 and 5.9 pts more than its Stockbroking & Allied 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

+0.3

10m

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15m

+1.3

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.7-1.4+6.0-1.3+5.9

Next day

+1.8-0.9+2.7-0.3+2.1

+0.3-0.3+0.6+0.2+0.2

-0.5+0.8-1.3+0.2-0.7

-2.1+0.9-2.9-0.3-1.8

-0.1+2.5-2.6+0.4-0.5

-0.4+3.1-3.6-0.4-0.1

15d

-0.4+3.5-3.8-2.9+2.5

+0.3+8.0-7.6+1.3-1.0

-3.4+9.3-12.7+4.8-8.2

-11.8+14.0-25.8+2.7-14.6

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 38Pending

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

AI summary

The Board of Directors appointed Mr. Ratnadeep Acharyya as Managing Director & CEO for Investment Banking (IB), effective May 15, 2026. He has also been designated as Senior Management Personnel. Mr. Acharyya brings over 24 years of experience in corporate and investment banking, having previously worked at SBI Capital Markets (SBICAPS), JM Financial, BNP Paribas, ICICI Securities and ICICI Bank Treasury. His background includes leading major IPOs such as Bajaj Housing Finance, LIC of India, and SBI Life. He holds an MBA in Finance from Boston University and a Masters in Economics from Cambridge University. Note: He is not part of the Board of Directors.

Likely market impact

The appointment brings experienced investment banking leadership to the company, potentially strengthening its IB business pipeline given Mr. Acharyya's track record of marquee transactions. Positive signal for stakeholders.