Executive Director Mr Ajay Nagle retires after tenure completion

Management Changes View source PDF Explain this filing

BAJEL · 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

-3.4%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

Mr Ajay Suresh Nagle, Executive Director of Bajel Projects, has retired from his position effective August 31, 2026, upon completion of his tenure. The company acknowledged his contributions and extended best wishes. This follows an earlier intimation dated May 27, 2026.

Likely market impact

Planned executive director transition on completion of tenure, expected to be smooth with no immediate disruption.