Balmer Lawrie changes Industrial Packaging leadership from March 2026

Management Changes View source PDF Explain this filing

BALMLAWRIE · price

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

-1.9%Reaction day

₹198.81

prior close

₹197.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-2.3% vs market

Diversified peers, median of 11sector-0.1%-1.8% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.8 pts less than its Diversified 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

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10m

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15m

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30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9+0.4-2.3-0.1-1.8

Next day

-2.8+0.0-2.9-0.5-2.4

-3.2-0.2-2.9+0.2-3.4

-2.4+0.7-3.1+0.8-3.2

-2.9+0.6-3.5+0.0-2.9

-3.9+0.5-4.4-0.6-3.3

-1.9+0.3-2.2-1.0-0.9

15d

-6.8-1.5-5.3-2.6-4.2

-10.9-6.6-4.4-5.3-5.6

-8.1-3.2-4.9-7.2-0.8

-8.1-5.2-2.9-11.1+3.0

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

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

AI summary

The board approved that N V Balaji will cease as Chief Operating Officer for Industrial Packaging and leave senior management due to superannuation on March 1, 2026, or possibly earlier. J Suresh Antony will become Head of Industrial Packaging and join senior management on the same date. He has over 31 years of experience with the company.

Likely market impact

The planned succession supports operational continuity and is unlikely to materially affect the stock unless the retirement date is advanced.