Esab India: Chairman Kevin Johnson resigns effective May 1, 2026

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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

Esab India announced that Mr. Kevin Johnson, Non-Executive Nominee Director and Chairman, resigned from the Board effective May 1, 2026, citing personal reasons. Parent company ESAB Holdings withdrew his nomination. He also steps down from the Audit, Nomination & Remuneration, Stakeholders' Relationship, CSR committees, and as Chairman of the Risk Management Committee. No successor has been named in this filing.

Likely market impact

A board change driven by parent ESAB Holdings. No operational impact expected; a replacement nominee director will likely be appointed soon.