as per attached pdf
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 4.2 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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USG Tech Solutions Ltd has informed the BSE that three directors have ceased to hold office with effect from September 24, 2025, because shareholders did not approve their re-appointment at the 26th Annual General Meeting. The three directors are Mrs. Anubha Chauhan (Non-Executive, Independent Director), Mr. Ramanuj Murlinarayan Darak (Non-Executive, Independent Director), and Mr. Avani Kumar Shukla (Executive Director). All three were voted out in a single AGM resolution process. No reasons have been disclosed by the company beyond the non-approval of the re-appointment resolutions. The intimation was filed under SEBI Listing Regulations read with Schedule III.
Shareholders rejecting the re-appointment of two independent directors and an executive director in one go raises governance concerns and may create short-term uncertainty around board continuity. Retail investors should watch for fresh appointments and clarity on the reasons behind the dissent.