BSEGanon Products Ltd· Commercial Services & SuppliesHighNeutral
Announced Tue, 30 Sept, 2025 · 20:18 IST

Announcement under Regulation 30 for Appointment of Statutory Auditor in AGM

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.4%Reaction day
₹13.05
prior close
₹13.25
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-1.8% vs market
Trading & Distributors peers, median of 124sector+0.5%-0.9% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 0.9 pts less than its Trading & Distributors 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
5m
-1.7
10m
-1.6
15m
+0.8
30m
+0.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.4+1.4-1.8+0.5-0.9
Next day
+0.7+2.7-2.0+1.2-0.5
2d
+1.8+2.4-0.7+0.0+1.8
3d
+1.3+2.2-0.9-0.2+1.5
4d
-1.5+1.9-3.4+0.1-1.6
5d
-2.8+2.1-4.9-0.2-2.7
1w
+0.5+2.3-1.7+0.3+0.2
15d
+18.2+3.4+14.9-0.0+18.3
1m
+29.4+5.0+24.4-0.2+29.6
2m
+22.6+0.8+21.8-7.6+30.2
3m
+22.6-1.3+23.9-10.8+33.4
UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 124Pending

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

AI summary

At its AGM held on September 30, 2025, shareholders of Ganon Products Ltd approved a bundle of governance changes. Vijay Darji & Associates was appointed as the new Statutory Auditor for a 5-year term, and M/s. HRU & Associates was reappointed as Secretarial Auditor for another 5 years. Mr. Abhijeet Kacharu Jagtap, who was already serving as an Additional Director, was regularised as Managing Director for 5 years. Mrs. Rashmi Ranjeet Kumar was appointed as a new Non-Executive Independent Director, while Mr. Anand Mahadevan and Mr. Tanmay Ashok Karwal were regularised as Independent and Non-Executive Non-Independent Directors, respectively. Shareholders also approved an alteration to the Memorandum of Association to change the company's main objects.

Likely market impact

The changes formalise the company's leadership and audit structure with new long-term auditor and board appointments, which are routine governance matters. The change in main objects via MOA alteration could signal a shift in the company's business focus, which shareholders should monitor for further clarity from the company.