Re-appointment of Mr. Vineet Sahni as CEO and Whole-time Director for 3 years

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

-5.7%Reaction day

₹2555.30

prior close

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announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%-5.2% vs market

Auto Components & Equipments peers, median of 111sector-0.4%-5.3% vs sector

On the reaction day the stock moved 5.2 pts less than Nifty Microcap 250 and 5.3 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.

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 111Pending

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

AI summary

Fiem Industries has re-appointed Mr. Vineet Sahni (DIN: 03616096) as CEO and Whole-time Director for a further term of 3 years, effective May 1, 2026. He first joined the company in May 2023 and previously served as Group CEO and Senior Executive Director at Lumax Group. He brings over three decades of automotive industry experience, including stints at Tata Motors, Minda Group, and Varroc Engineering. The re-appointment is subject to shareholder approval via postal ballot.

Likely market impact

Provides leadership continuity at the top; neutral to mildly positive as experienced CEO stays on for another term.