Announced Wed, 30 Sept, 2026 · 16:53 IST
Reappointment of MD and Whole-time Director approved by shareholders
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-7.2%1-day move
₹22.52
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-7.2-5.1-5.6-10.2——————
Up moveDown movePending
AI summary
Shareholders at the 35th AGM on September 28, 2026 approved the reappointment of Mr. Sushil Kumar Goyal as Managing Director for 3 years (till July 2029) and Mr. Abhey Goyal as Whole-time Director for 3 years (till June 2029). Both are existing directors; Sushil Kumar Goyal has been MD for over 27 years and is the father of Abhey Goyal.
Likely market impact
Continuity in leadership as promoter family members retain key board roles for another three years.