Announced Wed, 21 Oct, 2026 · 21:44 IST

Cessation of Non-Executive Director cum Chairman

Management Changes View source PDF Explain this filing

Price

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

+1.7%Reaction day

₹293.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+2.7% vs market

IT Enabled Services peers, median of 82sector-1.7%+3.4% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 3.4 pts more than its IT Enabled Services 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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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7-1.0+2.7-1.7+3.4

Next day

+2.3-3.3+5.6-4.5+6.7

+3.4-2.9+6.4-4.7+8.1

+3.4-1.3+4.7-2.9+6.2

+1.4pendingpending-2.5+3.9

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15d

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 82Pending

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

AI summary

Electronics Corporation of TamilNadu Limited, the nominating authority, has withdrawn the nomination of Dr. K.P. Karthikeyan as Non-Executive Director and Chairman of Elnet Technologies, effective October 21, 2026. A new director has been nominated in his place and will be placed before the Nomination and Remuneration Committee and Board for appointment in due course.

Likely market impact

Routine board change driven by the nominating authority. No operational impact expected; new director appointment to follow.