Board approves 39th AGM on Sept 30, new auditor and MD reappointment

Management Changes View source PDF Explain this filing

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

-2.9%Reaction day

₹1416.65

prior close

₹1417.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-3.6% vs market

Edible Oil peers, median of 26sector-0.0%-2.9% vs sector

On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 2.9 pts less than its Edible Oil 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

-1.7

10m

-0.7

15m

-0.8

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+0.7-3.6-0.0-2.9

Next day

-4.7+1.1-5.8-0.5-4.2

-4.5+1.6-6.1-0.4-4.1

-5.2+1.5-6.7-1.6-3.6

-7.1+1.3-8.4-2.0-5.1

-6.7+1.4-8.1-2.3-4.4

-15.2-2.1-13.1-2.9-12.3

15d

-21.7-0.9-20.8-1.3-20.4

-26.6-1.4-25.2-4.9-21.7

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UpDownMarket · Nifty Microcap 250Sector · Edible Oil peers, median of 26Pending

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

AI summary

The board approved the 39th AGM on September 30, 2026 via video conference, with book closure from September 23 to 30. New statutory auditor M/s Khanzode and Shenwai appointed for 5 years, replacing M/s P.G. Joshi and Co. who completed their second term. Mr. Nikhil Nitin Gadkari reappointed as Managing Director for 5 years from January 2027. FY 2025-26 Annual Report approved.

Likely market impact

Book closure Sept 23-30. Shareholders can vote electronically on auditor and MD appointments. Routine governance matters pending shareholder approval.