Executive Director Ajay Suresh Nagle retires after completing tenure

Management Changes View source PDF Explain this filing

BAJEL · 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

-3.4%Reaction day

₹193.10

prior close

₹193.11

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-2.4% vs market

Heavy Electrical Equipment peers, median of 34sector-1.6%-1.8% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 1.8 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

-0.6

10m

-0.6

15m

-0.6

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.4-1.0-2.4-1.6-1.8

Next day

-4.0-1.5-2.5-2.5-1.5

-3.6-0.9-2.7-1.6-2.0

-4.5-0.3-4.2+0.1-4.5

-3.4+0.1-3.5-1.0-2.3

-5.0+0.7-5.7-0.4-4.6

-7.6+0.3-7.9-2.0-5.7

15d

-9.6+1.0-10.6-0.8-8.8

-15.0-2.4-12.6-4.2-10.8

—————

UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

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

AI summary

Bajel Projects has informed exchanges that Mr. Ajay Suresh Nagle, Executive Director (DIN 00773616), retired from the board effective close of business on August 31, 2026, upon completion of his tenure. The filing under Regulation 30 of SEBI LODR follows an earlier intimation dated May 27, 2026. The company thanked him for his contribution. No replacement appointment has been announced in this filing.

Likely market impact

Planned, tenure-end exit with appreciation note; unlikely to surprise markets, but watch for any new board update.