Appointment of 2 Independent Directors and auditors at AGM

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

+3.5%Reaction day

₹17.90

prior close

₹18.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+3.5% vs market

Auto Components & Equipments peers, median of 123sector-1.1%+4.6% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 4.6 pts more 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

+0.5

10m

+0.5

15m

+0.5

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.5+0.0+3.5-1.1+4.6

Next day

-0.1+1.3-1.4+0.0-0.1

+0.2+1.1-0.9-0.1+0.3

+3.3-1.7+5.0-2.6+5.9

-1.0-1.4+0.4-2.7+1.7

-2.1-0.6-1.5-2.1+0.1

+0.6+0.3+0.3-1.3+1.8

15d

-3.4-6.1+2.7-5.9+2.5

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 123Pending

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

AI summary

At the 52nd AGM on September 30, 2026, shareholders approved the appointment of Mr. Joga Singh and Mr. Vineet Gupta as Independent Directors for 5 years effective August 29, 2026. The meeting also appointed M/s Baldev Arora and Associates as Secretarial Auditor and M/s C S Arora and Associates as Statutory Auditor, each for a 5-year term covering FY 2026-27 to 2030-31.

Likely market impact

Standard board and auditor appointments following the AGM; reflects routine governance refresh with experienced professionals in power, environment, and finance.