AZADBSEAzad Engineering Ltd· Electrical EquipmentHighNeutral
Announced Tue, 12 May, 2026 · 19:17 IST

Azad Engineering Limited has informed about the reappointment of Mr. Rakesh Chopdar, Whole-time Director, Chairman and CEO, Mrs. Jyoti Chopdar, Whole-time Director and Mr. Vishnu Malpani, ....

AZAD · 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
-1.1%Reaction day
₹2145.00
prior close
₹2120.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%-1.8% vs market
Heavy Electrical Equipment peers, median of 33sector+0.9%-2.1% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.1 pts less than its Heavy Electrical Equipment 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
5m
+1.4
10m
+1.7
15m
+2.1
30m
+1.2
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.1+0.7-1.8+0.9-2.1
Next day
+1.9+0.9+0.9+1.3+0.5
2d
-2.4+0.6-3.0+0.0-2.4
3d
-10.6-0.8-9.8-1.9-8.7
4d
-11.4-0.4-11.1-0.5-10.9
5d
-6.6+0.2-6.9+1.7-8.3
1w
-5.4+1.4-6.8+4.3-9.6
15d
+2.7+4.2-1.5+6.9-4.2
1m
-1.2+6.3-7.5+6.0-7.1
2m
+10.7+11.3-0.7+4.3+6.4
3m
+23.8+14.0+9.8+4.5+19.2
UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 33Pending

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

AI summary

Azad Engineering's Board approved the re-appointment of three Whole-Time Directors for fresh 5-year terms effective 13th September 2026, subject to shareholder approval at the AGM. Mr. Rakesh Chopdar continues as Executive Chairman and CEO, Mrs. Jyoti Chopdar continues as Whole-Time Director, and Mr. Vishnu Malpani continues as Whole-Time Director. All three are completing their current terms on 12th September 2026. Rakesh Chopdar is the founder and first-generation entrepreneur who established AZAD in 2008; the company serves global OEMs such as GE Vernova, Boeing, Rolls-Royce, and Honeywell. Mrs. Jyoti Chopdar is Rakesh's spouse and has over 8 years with the company overseeing administrative operations. Mr. Vishnu Malpani holds an IIT Guwahati degree and attended executive programs at ISB Hyderabad and IIM Ahmedabad, driving enterprise strategy and capital formation.

Likely market impact

This is a routine corporate governance action confirming continuity in leadership. All three appointments are re-appointments of existing directors with no new faces or departures, which is broadly neutral for the stock. The family-run board structure (Rakesh and Jyoti Chopdar as spouses) remains intact.