Resignation of Mr. Parag Dadeech, Chief Operating Officer and Senior Management Personnel of the Company.

Kmp ResignedManagement Changes View source PDF Explain this filing

APOLLOPIPE · price

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Price reactionminutes from the announcement price · days from the prior close

+8.5%Reaction day

₹506.15

prior close

₹514.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+7.4% vs market

Plastic Products - Industrial peers, median of 35sector+0.3%+8.2% vs sector

On the reaction day the stock moved 7.4 pts more than Nifty Microcap 250 and 8.2 pts more than its Plastic Products - Industrial 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.5+1.1+7.4+0.3+8.2

Next day

+1.7+1.2+0.5+1.6+0.1

+2.4+2.8-0.4+0.8+1.6

+2.4+3.5-1.1+0.1+2.3

+1.8+3.5-1.6+0.5+1.4

+0.8+2.8-2.1-0.0+0.8

-4.9+2.8-7.7-0.3-4.6

15d

-2.2+4.2-6.4-0.7-1.5

-1.6+10.1-11.7+3.3-5.0

-2.6+10.0-12.6-0.4-2.2

+18.8+14.6+4.3+1.3+17.5

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 35Pending

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

AI summary

Apollo Pipes Ltd has announced the resignation of Mr. Parag Dadeech from his position as Chief Operating Officer (COO) and Senior Management Personnel (SMP). The resignation is effective from the close of business hours on May 20, 2026. According to the email from Mr. Dadeech, he cited personal health reasons for his inability to continue in the role. This is a mid-term resignation disclosed under SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015. The company has informed both NSE and BSE about this change.

Likely market impact

The departure of a senior executive like the COO could create uncertainty in company operations and may be viewed negatively by investors, at least in the short term, until a replacement is announced.