VP Innovation Dr. Pavankumar Aduri resigns, effective 13 Nov 2026

Kmp ResignedManagement Changes View source PDF Explain this filing

BLACKROSE · price

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

+1.8%Reaction day

₹103.00

prior close

₹105.45

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.1% vs market

Specialty Chemicals peers, median of 98sector+1.0%+0.9% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 0.9 pts more than its Specialty Chemicals 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

-1.6

10m

-1.4

15m

-0.6

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+0.7+1.1+1.0+0.9

Next day

-0.3-1.0+0.7-0.1-0.2

-1.7-0.3-1.5+0.3-2.1

-1.5-1.9+0.4-1.5-0.0

-4.9-4.5-0.4-4.9+0.1

-5.8-5.5-0.4-5.6-0.2

-6.5-7.3+0.8-8.8+2.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 98Pending

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

AI summary

Dr. Pavankumar Aduri, Vice President-Innovation at Black Rose Industries, has resigned for personal reasons. His last working day is 13 November 2026, giving a one-month transition period. The company accepted the resignation and confirmed there are no other material reasons. The intimation was signed by Whole-time Director Ambarish Daga on 13 October 2026 under SEBI Listing Regulations, with his resignation letter enclosed.

Likely market impact

Mid-level senior management exit on personal grounds. Monitor for replacement appointment; limited immediate impact on operations expected.