Mrs Vidhi Rishabh Shah appointed as Director, Secretarial Auditor reappointed

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

THAKDEV · 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

-4.6%Reaction day

₹135.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-3.3% vs market

Residential Commercial Projects peers, median of 66sector-1.1%-3.5% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 3.5 pts less than its Residential Commercial Projects 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

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.6-1.3-3.3-1.1-3.5

Next day

+0.0-1.3+1.3-1.8+1.8

—+0.0—-1.1—

-0.5-0.2-0.2-1.5+1.0

-1.5-3.0+1.5-4.0+2.5

-4.4-2.7-1.7-3.8-0.7

-5.1-1.7-3.4-2.5-2.6

15d

+3.6-8.9+12.5-9.4+13.0

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

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

AI summary

At the 39th AGM on 30 Sep 2026, shareholders approved the appointment of Mrs. Vidhi Rishabh Shah (DIN: 07957337) as Director. She is related to existing Director Mr. Narendra Manohardas Thakker and brings experience in real estate, investment strategy, business development and legal aspects. She will retire by rotation. Ashok Surana was also appointed as Secretarial Auditor for 5 years from FY2026-27 to FY2030-31.

Likely market impact

Addition of a promoter family member to the board may raise governance concerns, though she brings real estate expertise. Auditor reappointment is routine.