Manufacturing shifted from Surat to Euro Food Park in Navsari

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

-0.3%Reaction day

₹225.20

prior close

₹216.10

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.5% vs market

Packaged Foods peers, median of 34sector+0.0%-0.3% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.3 pts less than its Packaged Foods 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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30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.3+0.2-0.5+0.0-0.3

Next day

+2.0+0.9+1.1+0.0+2.0

+5.7+0.4+5.3-0.3+6.0

-0.1-0.8+0.7-0.5+0.4

+0.8+0.2+0.6+0.2+0.6

-3.9+0.7-4.6+0.0-3.9

+0.6+1.2-0.7+0.1+0.5

15d

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+1.2+0.6+0.6-0.3+1.5

-8.9-4.2-4.7-7.9-1.0

+12.6-6.1+18.7-10.0+22.6

UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 34Pending

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

AI summary

The board shifted manufacturing from the Ichhapore, Surat plant to Euro Food Park in Chikhli, Navsari, and will close the old plant on or before 31 March 2026. Some machinery will be used at the new plant and leased to related party J R Foods & Beverages, which may manufacture for the company. Turnover is unchanged for now, but the move may increase output using spare capacity.

Likely market impact

Efficiency may improve and spare capacity could lift output, but turnover is unchanged for now and the relocation must be completed by March 2026.