Andhra Paper MD Saurabh Bangur reappointed for 5 years

Management Changes View source PDF Explain this filing

ANDHRAPAP · 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

₹59.36

prior close

₹59.84

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+1.8% vs market

Paper & Paper Products peers, median of 38sector-0.9%+2.8% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 2.8 pts more than its Paper & Paper 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

+0.2

10m

-0.1

15m

-0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+0.2+1.8-0.9+2.8

Next day

+1.0+0.2+0.8-2.0+3.0

+1.1+0.4+0.7-1.9+2.9

+3.6+0.7+2.9-1.0+4.6

+2.8+0.1+2.6-2.6+5.4

+2.3+0.7+1.7-2.0+4.3

+2.5+1.2+1.3-1.8+4.3

15d

+7.4+0.7+6.7-0.4+7.8

+19.6-1.2+20.8+1.5+18.1

+21.3-1.1+22.4+0.0+21.3

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UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 38Pending

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

AI summary

Shareholders at the 62nd AGM on August 11, 2026 approved the re-appointment of Mr. Saurabh Bangur as Managing Director for 5 years effective October 1, 2026. His current term ends September 30, 2026. He is not debarred by SEBI. He is son of Mr. Shree Kumar Bangur and brother of Mr. Virendraa Bangur. He is currently leading the Tissue Machine Project.

Likely market impact

Top-level continuity. Promoter family-led management stays, with ongoing focus on the Tissue Machine Project and diversification plans.