Announced Sat, 12 Sept, 2026 · 22:23 IST

AGM approves new independent director and two key reappointments

Board & Shareholder Meetings View source PDF Explain this filing

Price

Loading chart…

▲ 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

₹45.51

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-3.3%+2.1% vs market

Plastic Products - Industrial peers, median of 44sector-1.2%+0.1% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 0.1 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1-3.3+2.1-1.2+0.1

Next day

+3.3-3.4+6.7-2.1+5.4

+1.5-2.6+4.1-1.2+2.8

-5.0-1.0-4.0-0.3-4.7

+6.1-1.2+7.3-0.5+6.6

+4.8-0.7+5.6-1.1+5.9

+5.0-1.0+6.0-0.9+5.9

15d

-0.1-1.7+1.6-2.5+2.4

-5.5-4.1-1.4-3.0-2.5

—————

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 44Pending

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

AI summary

At the 34th AGM on September 11, 2026, shareholders approved: appointment of Mr. Yogesh Keshariya as Non-Executive Independent Director for 3 years (June 2026 to June 2029); reappointment of Mr. Gaurav Thanky as Managing Director for 5 years (October 2026 to September 2031); and reappointment of Mr. A.B. Bodhanwala as Non-Executive Non-Independent Director effective October 1, 2026, liable to retire by rotation.

Likely market impact

Routine governance update. MD reappointment ensures leadership continuity. No material financial impact expected.