Announced Mon, 29 Jun · 12:00 IST
Ceigall India appoints 2 Whole-Time Directors, accepts 1 WTD resignation
CEIGALL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹382.00
prior close
₹377.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.5-0.4+0.2+2.6+2.6+0.8-4.7-6.2-3.6-10.1———
Up moveDown movePending
AI summary
Ceigall India board approved appointing Mr. Ayyalusamy Saravanan (current CEO) and Dr. Pawan Kumar as Additional and Whole-Time Directors effective July 1, 2026, for 2 years, subject to shareholder approval. Saravanan will be designated as WTD and CEO. Separately, Dr. Sudhir Rao Hoshing resigned as Whole-Time Director effective July 15, 2026, citing family commitments and personal exigencies.
Likely market impact
Smooth leadership transition: current CEO elevated to WTD and CEO, new WTD onboarded, one WTD exits for personal reasons.