TGBHOTELSNSETGB Banquets And Hotels Limited· Leisure ServicesHighNeutral
Announced Fri, 13 Feb, 2026 · 17:48 IST

TGB Banquets And Hotels Limited has informed the Exchange regarding Appointment of Mr Prakash Shrivatsav as Chief Financial Officer of the company w.e.f. February 13, 2026.

TGBHOTELS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+5.1%Reaction day
₹9.70
prior close
₹9.40
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+5.8% vs market
Hotels & Resorts peers, median of 53sector-0.3%+5.3% vs sector

On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 5.3 pts more than its Hotels & Resorts 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
5m
+0.0
10m
+3.9
15m
+3.9
30m
+0.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+5.1-0.7+5.8-0.3+5.3
Next day
+1.0+0.2+0.8-0.0+1.1
2d
-2.1+0.5-2.6+0.1-2.2
3d
-1.3-0.9-0.4-1.4+0.1
4d
-2.2-1.0-1.1-1.0-1.2
5d
-2.9-0.9-2.0-2.1-0.8
1w
-2.7-2.0-0.7-2.5-0.2
15d
-8.2-6.9-1.3-8.7+0.4
1m
-7.4-10.5+3.1-11.1+3.7
2m
+0.4+1.5-1.1-2.5+3.0
3m
-3.8+3.8-7.7-6.1+2.2
UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 53Pending

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

AI summary

TGB Banquets and Hotels Limited has appointed Mr. Prakash Shrivastav as its new Chief Financial Officer (KMP), effective February 13, 2026. He is a Chartered Accountant with a Master's and Bachelor's degree in Commerce from Gujarat University and brings 8 years of experience in accounts, finance, audit, and taxation. The company confirmed he is not related to any existing director on the board. In the same board meeting held on February 13, 2026, the directors also approved the standalone unaudited financial results for the quarter and nine months ended December 31, 2025.

Likely market impact

This is a routine key management change with no disclosed governance red flags, though investors typically monitor CFO appointments for shifts in financial strategy. The new CFO's strong audit and taxation background may strengthen the company's financial reporting discipline.