Re-appointment of Sunil Kumar Arora as Managing Director for 3 years

Management Changes View source PDF Explain this filing

AROGRANITE · 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

-3.8%Reaction day

₹26.10

prior close

₹25.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-3.8% vs market

Granites & Marbles peers, median of 7sector-0.6%-3.2% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 3.2 pts less than its Granites & Marbles 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

-0.7

10m

-1.2

15m

-1.1

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.8+0.0-3.8-0.6-3.2

Next day

-5.2-0.0-5.2-0.6-4.6

-2.3-0.2-2.1-1.7-0.6

-3.8+0.2-4.0-1.1-2.8

-5.0+0.3-5.3+0.1-5.1

-2.7+0.4-3.1-1.7-1.0

-4.6+0.9-5.5-3.9-0.7

15d

-3.6+1.6-5.2-7.1+3.5

-6.6+2.0-8.6-7.2+0.6

-14.1+0.6-14.7-6.7-7.4

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UpDownMarket · Nifty Microcap 250Sector · Granites & Marbles peers, median of 7Pending

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

AI summary

Aro Granite Industries has informed the stock exchange about the re-appointment of Mr. Sunil Kumar Arora as Managing Director of the company for a period of 3 years. This is a continuation of his existing role at the company.

Likely market impact

Continuity in leadership; routine governance matter with no material change expected for shareholders.