DGM-Purchase resigns from Banco Products effective 30 September

Management Changes View source PDF Explain this filing

BANCOINDIA · 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

-3.2%Reaction day

₹609.85

prior close

₹604.00

announcement price

After-mkt

timing

Nifty Microcap 250market-1.3%-1.9% vs market

Auto Components & Equipments peers, median of 122sector-1.9%-1.2% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.2 pts less than its Auto Components & Equipments 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

-1.1

10m

-1.2

15m

-0.9

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2-1.3-1.9-1.9-1.2

Next day

-3.0-1.3-1.8-2.5-0.6

-1.2+0.0-1.2-2.0+0.7

-1.8-0.2-1.6-1.9+0.1

-2.7-3.0+0.2-4.2+1.5

-3.2-2.7-0.5-4.2+1.0

-3.0-1.7-1.3-3.6+0.5

15d

-8.5-8.9+0.4-8.8+0.3

—————

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 122Pending

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

AI summary

Banco Products (India) informed exchanges that Mr. Mahendra Nath Mahato, DGM-Purchase and Senior Management Personnel, has resigned effective 30 September 2026 after market close. He is leaving to pursue better career prospects. He handled the Purchase function. The company filed the intimation under SEBI LODR Regulation 30.

Likely market impact

Low impact - mid-level senior management exit, not KMP or Board level. Limited stock impact expected.