Re-appointment of Whole-time Director approved at AGM

Management Changes View source PDF Explain this filing

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

+0.9%Reaction day

₹56.35

prior close

₹58.68

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+0.9% vs market

Industrial Products peers, median of 135sector-0.6%+1.4% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.4 pts more than its Industrial Products 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

-5.9

10m

-5.9

15m

-2.9

30m

-2.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9+0.0+0.9-0.6+1.4

Next day

+2.2+1.3+0.9+0.6+1.6

+9.8+1.1+8.8+0.4+9.5

-0.6-1.7+1.1-1.9+1.3

+0.6-1.4+2.0-1.5+2.1

+0.5-0.6+1.1-1.5+1.9

-5.9+0.3-6.2-0.8-5.1

15d

-14.8-6.1-8.7-6.3-8.5

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 135Pending

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

AI summary

Shareholders at the 30th AGM held on September 30, 2026 approved the re-appointment of Mr. Puneet Pradeep Badkur as Whole-time Director, effective October 1, 2026. He originally held a 5-year term from October 1, 2023. He holds a BMS from Jai Hind College and a Family Business MBA from SP Jain, with over 9 years at the company overseeing Purchase and Operations. He is not debarred by SEBI.

Likely market impact

Routine re-appointment of an existing director. No change in management; continuity for shareholders.