Independent Director Rakesh Suri ends second term, steps down

Management Changes View source PDF Explain this filing

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

+4.5%Reaction day

₹381.00

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+5.8% vs market

Trading - Metals peers, median of 9sector-1.9%+6.3% vs sector

On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 6.3 pts more than its Trading - Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5-1.3+5.8-1.9+6.3

Next day

+9.4-1.3+10.7-1.8+11.2

+4.2+0.0+4.2-2.2+6.4

+5.8-0.2+6.0+0.2+5.6

+5.0-3.0+8.0-2.9+7.9

+7.6-2.7+10.3-1.1+8.7

+5.2-1.7+7.0-1.0+6.2

15d

+25.7-8.9+34.6-5.2+31.0

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UpDownMarket · Nifty Microcap 250Sector · Trading - Metals peers, median of 9Pending

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

AI summary

Emergent Industrial Solutions informed BSE that Mr. Rakesh Suri's second term as Non-Executive and Independent Director ends on September 30, 2026. He ceases to be a director from close of business that day. The filing notes the completion of tenure as the reason, with no other material reasons. No replacement appointment is mentioned in this filing.

Likely market impact

Routine board change due to end of tenure. No governance red flags indicated, but board composition will need a new independent director soon.