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ARVINDNSEArvind Limited· Textiles & ApparelsCriticalNegative
Announced Fri, 9 Jan, 2026 · 15:02 IST

Arvind Limited has informed the Exchange regarding Change in Director(s) of the company.

CEO resignedManagement Changes View source PDFExplain this filing

ARVIND · 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
-0.3%Reaction day
₹299.00
prior close
₹292.90
announcement price
In-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.7%+1.4% vs market
Garments & Apparels peers, median of 35sector-1.9%+1.6% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.6 pts more than its Garments & Apparels 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
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.3-1.7+1.4-1.9+1.6
Next day
-2.1-2.6+0.5-2.5+0.4
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+28.8-0.2+28.9+3.2+25.5
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+10.7-10.6+21.3-14.3+25.0
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UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 35Pending

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

AI summary

Arvind Limited has formally disclosed the resignation of Mr. Susheel Kaul as Managing Director & President (Textiles) and as a director of the company, citing personal reasons. He will be relieved from his duties effective close of business hours on March 31, 2026, and is also stepping down as a director from three subsidiaries — Arvind Advanced Materials, Arvind Smart Textiles, and Arvind Technical Products. His responsibilities will be taken over by Mr. Punit Lalbhai, currently Vice Chairman, who will move into an executive role leading the textiles and apparel business from April 1, 2026. The company is framing this as a planned, long-term succession move, with an initial media release on the leadership change already issued on December 18, 2025. Mr. Kaul will remain in his MD role through the transition period to support handover and key strategic projects.

Likely market impact

This is an orderly, pre-announced leadership transition rather than a sudden exit, which should reassure investors. Punit Lalbhai is from the promoter Lalbhai family, so the move reinforces promoter-led continuity at the top of the core textiles business, with no disruption to strategy expected in the short term.