Q3 FY26 results: CEO re-appointed, 2 new independent directors join

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

-12.0%Reaction day

₹687.00

prior close

₹630.10

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%-11.2% vs market

Industrial Minerals peers, median of 11sector-1.5%-10.4% vs sector

On the reaction day the stock moved 11.2 pts less than Nifty Microcap 250 and 10.4 pts less than its Industrial Minerals 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

-2.8

10m

-2.1

15m

-2.8

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-12.0-0.8-11.2-1.5-10.4

Next day

-6.0+1.8-7.7+0.7-6.7

-8.0+2.8-10.8-0.2-7.8

-9.0+2.3-11.3+0.8-9.8

-17.0+1.8-18.8-0.2-16.8

-20.9+0.3-21.1-4.0-16.9

-22.3+0.5-22.8-4.9-17.4

15d

-21.0-2.5-18.4-3.8-17.1

-23.9-6.3-17.6-9.7-14.2

-28.6-8.0-20.6-8.6-19.9

-3.6+8.3-11.9+5.4-9.0

UpDownMarket · Nifty Microcap 250Sector · Industrial Minerals peers, median of 11Pending

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

AI summary

Board approved Q3 FY26 results. Consolidated Q3 income from ops: Rs 960.43 cr (+0.8% QoQ); 9M FY26 income: Rs 3,268.50 cr (+49.7% YoY); 9M PBT before exceptional items: Rs 302.37 cr (+37.3% YoY). Hemul Shah re-appointed as ED and CEO for 2 more years from Feb 16, 2026. Jagdish Shetty and Wilson Mathais appointed as Independent Directors for 5 years each. Jagdish Shetty also named Audit Committee Chair. Pundarik Sanyal's term as Independent Director ends Feb 8, 2026.

Likely market impact

Leadership continuity with CEO re-appointment; 9M revenue up about 50% YoY; board strengthened with new independent directors and a new Audit Committee Chair.