BSEAmarjothi Spinning Mills Ltd· Textiles & ApparelsHighNegative
Announced Mon, 16 Mar, 2026 · 13:03 IST

Pursuant to Regulation 30 of SEBI (LODR) Regualtions, 2015 we hereby enclosed the disclosure regarding the resignation of Independent Director Manonmani Sivasamy.

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
-1.1%Reaction day
₹130.00
prior close
₹131.00
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-0.5% vs market
Other Textile Products peers, median of 186sector-1.6%+0.5% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.5 pts more than its Other Textile Products 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
5m
+0.0
10m
+0.0
15m
+0.0
30m
+0.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.1-0.6-0.5-1.6+0.5
Next day
-0.7+0.4-1.1-1.1+0.4
2d
+5.1+3.1+2.0+0.1+5.0
3d
+0.0+0.2-0.2-0.8+0.8
4d
-0.8+1.1-1.8-0.5-0.2
5d
-4.6-3.6-1.0-4.9+0.3
1w
-3.1+1.5-4.6-2.5-0.6
15d
+0.8+6.5-5.8+3.5-2.7
1m
+4.9+12.8-7.9+7.9-3.0
2m
+15.4+15.4+0.1+6.8+8.6
3m
+26.2+24.3+1.8+7.1+19.1
UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 186Pending

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

AI summary

Amarjothi Spinning Mills has informed the stock exchange about three decisions taken at its board meeting on March 16, 2026. Independent Director Smt. Manonmani Sivasamy (DIN: 10715570) has resigned with immediate effect, citing personal reasons and other professional commitments. She also stepped down as Chairman of the Stakeholder Relationship Committee and as a member of the CSR Committee. In the same meeting, the board appointed Mr. Sivakumar (Chartered Accountant, Tirupur) as Internal Auditor and re-appointed M/s. M. Nagarajan & Co., Cost Accountants (Coimbatore) as Cost Auditor for FY 2026-27, with the cost auditor's remuneration fixed at Rs. 40,000 per annum (excluding taxes and out-of-pocket expenses). The resigning director confirmed there are no other material reasons behind her exit beyond those stated in her resignation letter.

Likely market impact

Routine board-level housekeeping. The independent director's exit is for personal reasons with no governance red flags raised, and the auditor appointments are standard annual renewals — no material impact expected on operations or share price.