New CEO appointed; Eco Build production suspended for one year

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

-4.8%Reaction day

₹62.50

prior close

₹62.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-5.4% vs market

Plywood Boards/ Laminates peers, median of 12sector+0.7%-5.5% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 5.5 pts less than its Plywood Boards/ Laminates 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

+0.0

10m

-4.0

15m

-4.0

30m

-2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.8+0.7-5.4+0.7-5.5

Next day

-2.6pendingpending-1.5-1.2

—————

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Plywood Boards/ Laminates peers, median of 12Pending

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

AI summary

On October 28, 2026, Rama Krishna Raju Gottumukkal resigned as CEO but will remain Managing Director and board member. Venkatraman Krishnamurthi was appointed CEO. The board also suspended Particle Board Build production for one year due to losses, raw material shortages and poor viability. Eco Build's FY2025-26 turnover was 1533.17 lakh, 64.14% of company turnover, with net worth of 914.31 lakh. Resources will shift to Eco Energy.

Likely market impact

Eco Build's suspension may hit revenue but could reduce losses and free funds for Eco Energy. The CEO change supports execution and continuity.