Chairman Ram Kanwar Garg resigns from board citing ill health

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

+5.1%Reaction day

₹247.50

prior close

₹264.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+3.8% vs market

Specialty Chemicals peers, median of 94sector+0.0%+5.0% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 5.0 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

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10m

-1.8

15m

-0.8

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.1+1.3+3.8+0.0+5.0

Next day

+26.5+1.6+24.9+0.1+26.4

+20.0+1.7+18.3+0.0+20.0

+22.8+1.6+21.2+1.0+21.9

+20.4+1.5+18.9+0.8+19.5

+19.8+1.8+18.0+0.3+19.6

+21.3+2.1+19.2+0.6+20.7

15d

+19.3+3.2+16.1+2.2+17.1

+26.9+3.7+23.2+2.6+24.3

+20.6+1.1+19.5-0.8+21.4

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 94Pending

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

AI summary

Mr. Ram Kanwar Garg (DIN: 00644462) has resigned as Chairman and Non-Executive Non-Independent Director of Cochin Minerals and Rutile Limited due to ill health. His resignation takes effect from close of business hours on August 5, 2026. The company confirmed there are no other material reasons for the exit. Details have been filed with BSE as required under SEBI listing rules.

Likely market impact

Exit of the Chairman due to health reasons. No governance concerns flagged. Watch for new Chairman appointment.