Esab India Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement 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

Kevin Johnson, a Non-Executive Nominee Director on the board of ESAB India Limited, has tendered his resignation effective May 1, 2026, citing personal reasons. He was based in Wilmington, Delaware, USA. Simultaneously, the company has appointed Curtis Evan Jewell as his replacement, also effective May 1, 2026. Curtis Evan Jewell currently serves as Senior Vice President and Corporate Secretary at ESAB Corporation (the parent company) and has significant experience in legal, corporate governance, and M&A domains. Both are nominee directors, suggesting this is a routine parent-company-level board change rather than a governance concern.

Likely market impact

This is a seamless board transition with immediate replacement, unlikely to create any governance vacuum or have negative market impact. The resignation is for personal reasons and a qualified replacement has been appointed simultaneously.