CIN updated after NIC code revision, core business reflected better

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AGARIND · 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

-1.9%Reaction day

₹388.00

prior close

₹381.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-1.9% vs market

Petrochemicals peers, median of 12sector-0.0%-1.8% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.8 pts less than its Petrochemicals 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

-0.3

10m

+0.0

15m

+0.2

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9+0.0-1.9-0.0-1.8

Next day

+1.8+1.3+0.5+2.5-0.7

+0.9+1.1-0.2+2.5-1.6

-3.9-1.7-2.2-1.1-2.8

-3.5-1.4-2.0-0.3-3.2

-3.4-0.6-2.7-0.5-2.8

-4.2+0.3-4.5+0.7-4.9

15d

-14.9-6.1-8.9-5.1-9.9

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UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 12Pending

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

AI summary

Agarwal Industrial Corporation's CIN has been changed from L99999MH1995PLC084618 to L46691MH1995PLC084618 after the National Industrial Classification code was updated by the Ministry of Corporate Affairs. The change follows shareholder approval to amend the Main Object Clause. The new code L46691, covering wholesale of solid, liquid and gaseous fuels, better reflects the company's actual business of bitumen and LPG trading. Legal status, registered office, operations and share capital remain unchanged.

Likely market impact

No material impact on shareholders. New code aligns classification with actual bitumen and fuel trading business. Share capital unchanged.