Board appoints new Independent Director, fixes 29th AGM date

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

-3.0%Reaction day

₹12.50

prior close

₹13.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-1.8% vs market

Other Textile Products peers, median of 184sector-0.8%-2.3% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.3 pts less than its Other Textile 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-3.0-1.3-1.8-0.8-2.3

Next day

-2.8-0.8-2.0-0.1-2.7

+3.9-1.4+5.3-1.1+5.0

-1.4-0.3-1.1-0.6-0.8

+3.7+1.0+2.7+0.2+3.4

+7.6+1.5+6.1+0.4+7.2

-0.7+3.1-3.9+0.7-1.4

15d

-6.6+4.1-10.6-0.6-6.0

-6.2+4.8-11.0-0.2-6.0

-12.0+3.1-15.1-0.8-11.2

-15.4-3.6-11.9-6.4-9.0

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 184Pending

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

AI summary

E-Land Apparel's board on 27 July 2026 approved the appointment of Mr Shankar Bhat as Additional Non-Executive Independent Director for 5 years, subject to shareholder approval. Bhat brings 40+ years of experience in governance and risk management from BPL, Shahi Exports and MAF Clothing. The 29th AGM is scheduled for 20 August 2026 via video conferencing.

Likely market impact

Routine governance update. New independent director adds relevant industry experience. No immediate material impact on stock.