Quarterly results approved; board renewal and leadership succession go to shareholder vote

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

-0.2%Reaction day

₹985.50

prior close

₹962.70

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.5%+1.3% vs market

Specialty Chemicals peers, median of 83sector-1.4%+1.3% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Smallcap 250 and 1.3 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

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Reaction day

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Next day

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UpDownMarket · Nifty Smallcap 250Sector · Specialty Chemicals peers, median of 83Pending

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

AI summary

The Board approved unaudited company and group results for the quarter and first half ended 30 September 2025. E-voting runs 17 November to 16 December 2025 on five-year independent director terms for Raj Kamal and Pallavi Gokhale, Keval Doshi's second term and Madhu Dubhashi's continuation. From 1 April 2026, Ashok Boob will hand over the managing-director role to Siddhartha Sikchi and become executive vice chairman. Approval pending.

Likely market impact

Shareholder votes will formalise board renewal and leadership handover. Market reaction may depend on results and management transition.