CFO exits, new CFO appointed; auditor replaced; buyback clause added

CFO resignedAuditor resigned mid-termKey managerial personnel resignedManagement Changes View source PDF Explain this filing

THACKER · price

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

+7.1%Next day

₹990.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+6.9% vs market

By the next day the stock moved 6.9 pts more than Nifty Microcap 250, 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

—+0.1—

Next day

+7.1+0.2+6.9

+6.5+0.6+6.0

—-0.0—

+11.1+0.5+10.6

+9.2+0.8+8.4

+6.1+0.6+5.5

15d

+6.1+1.3+4.8

+1.0-1.4+2.4

-4.1-0.6-3.6

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Mr. Raju R. Adhia resigned as CFO effective 13 Aug 2026 due to personal reasons. Mr. Amit Kumar (with the group since 2009) appointed as new CFO from 14 Aug 2026. Mr. Adhia re-appointed as Manager (subject to postal ballot). Statutory auditor P R Agarwal & Awasthi resigned on 7 Aug with no concerns raised; V K Beswal & Associates appointed to fill the casual vacancy. Board also approved amendment to Articles to enable share buyback in future.

Likely market impact

Multiple board changes in a single day - CFO exit, new CFO, auditor swap, and buyback enabling clause. Pending postal ballot.