Chairman Kevin Johnson resigns from the board effective May 1, 2026

Management Changes View source PDF Explain this filing

ESABINDIA · price

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

+11.8%Reaction day

₹6295.00

prior close

₹6370.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%+10.4% vs market

Other Industrial Products peers, median of 25sector+0.4%+11.4% vs sector

On the reaction day the stock moved 10.4 pts more than Nifty Microcap 250 and 11.4 pts more than its Other Industrial 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

Stock

+2.8

10m

+2.4

15m

+3.6

30m

+4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+11.8+1.5+10.4+0.4+11.4

Next day

+12.0+1.4+10.6-0.6+12.6

+14.4+3.0+11.4+0.4+14.0

+12.3+4.6+7.7+1.8+10.5

+9.6+4.5+5.1+2.0+7.6

+8.9+3.0+5.9+0.6+8.3

+6.0+0.6+5.4-2.1+8.0

15d

+10.8+2.9+7.9-5.0+15.8

-6.9+4.1-10.9-2.8-4.1

-9.3+10.5-19.7-1.7-7.6

-10.0+11.6-21.6-5.1-4.8

UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 25Pending

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

AI summary

Mr. Kevin Johnson, Nominee Director and Chairman of the Risk Management Committee, has resigned from Esab India's board effective May 1, 2026, citing personal reasons. His parent company ESAB Holdings withdrew his nomination. He also steps down from the Audit, Nomination & Remuneration, Stakeholders' Relationship, and CSR committees. No replacement has been announced yet.

Likely market impact

Loss of a nominee director linked to the parent ESAB Holdings; a successor is expected, but the gap could briefly affect committee functioning.