Independent Director Mr. Rakesh Chand Jain passes away

Management Changes View source PDF Explain this filing

FIEMIND · price

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

-1.8%Reaction day

₹2240.00

prior close

₹2189.00

announcement price

In-mkt

timing

Nifty Microcap 250market-2.0%+0.2% vs market

Auto Components & Equipments peers, median of 115sector-1.7%-0.1% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.1 pts less than its Auto Components & Equipments 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

-0.3

10m

-1.0

15m

-1.0

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-2.0+0.2-1.7-0.1

Next day

-1.1-0.1-1.0-0.7-0.5

+0.5+1.2-0.7+0.2+0.3

-0.1+1.4-1.5+0.4-0.5

-0.5+0.4-0.9-0.4-0.1

+1.1+1.0+0.1+0.1+1.0

+1.5-0.5+2.0-0.2+1.7

15d

+4.2-0.6+4.8-0.2+4.5

+13.3+3.4+9.9+2.6+10.7

-8.7+6.0-14.8+1.4-10.1

-22.2+1.1-23.3-3.0-19.1

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 115Pending

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

AI summary

Fiem Industries informed exchanges about the sudden demise of Mr Rakesh Chand Jain, Independent Director, on July 07, 2026. The company expressed deep condolences and called it an irreparable loss. His DIN was 10638945. The board will need to fill the independent director vacancy in due course as per SEBI rules.

Likely market impact

Short-term negative sentiment from loss of a board member, no direct financial impact expected. Board to appoint a replacement.