Aayush Art And Bullion Appoints New Managing Director as Founder Resigns
Aayush Art And Bullion Ltd, formerly AKM Creations Limited, has announced significant changes in its leadership structure. The company's Board of Directors approved key appointments and a high-level resignation on July 23, 2026.Mr. Mehal Bipinchandra Raval was appointed as an Additional Executive Director and designated the Managing Director of Aayush Art And Bullion Ltd. This appointment follows a comprehensive review of the company's operational requirements. Mr. Raval brings over 14 years of experience in sales, marketing, business development, client relationship management, and team leadership within the financial services sector. His expertise spans strategic management, operations, compliance, and business growth, having held key positions with reputed securities firms.
In addition to the appointment, the company accepted the resignation of Mr. Maulik Rajendrabhai Shah from his position as Managing Director, effective immediately on July 23, 2026. Mr. Shah tendered his resignation citing personal reasons.
The leadership transition and appointments are summarized below:
| Particulars | Name/Details | Appointment Status | Date |
|---|---|---|---|
| New Director | Mr. Mehal Bipinchandra Raval (DIN: 10797136) | Additional Executive Director / Managing Director | July 23, 2026 |
| Outgoing Director | Mr. Maulik Rajendrabhai Shah (DIN: 07578813) | Resignation from Managing Director | July 23, 2026 |
The Board meeting detailing these outcomes commenced at 04:00 P.M. and concluded at 04:30 P.M.
Stock Price Movement
Aayush Art And Bullion Ltd's stock finished the day edging higher, settling at ₹1164.30 after a marginal gain of 0.11%. The shares moved throughout the trading session between an intraday low of ₹1160.10 and a high of ₹1176.05.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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