Garware Hi-Tech Films JMD Sarita Garware Ramsay passes away

Management Changes View source PDF Explain this filing

GRWRHITECH · price

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

+0.4%Reaction day

₹6935.00

prior close

₹6987.50

announcement price

In-mkt

timing

Nifty Microcap 250market+1.4%-1.0% vs market

Plastic Products - Industrial peers, median of 36sector+1.2%-0.8% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.8 pts less than its Plastic Products - Industrial 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

-0.1

10m

+0.0

15m

+0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+1.4-1.0+1.2-0.8

Next day

+1.2+1.5-0.3+0.9+0.4

+1.4+0.5+0.9+1.1+0.3

+0.8+1.1-0.4+0.5+0.2

+0.1+0.7-0.5+1.0-0.9

+0.7-0.4+1.1-0.5+1.2

-0.1+0.5-0.6-0.4+0.3

15d

+3.2+0.1+3.1-0.8+4.0

+1.0+3.5-2.5-1.8+2.9

-1.0+5.8-6.9+4.9-6.0

+3.7+2.4+1.3+0.5+3.2

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 36Pending

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

AI summary

Mrs. Sarita Garware Ramsay, Joint Managing Director of Garware Hi-Tech Films, passed away suddenly on July 9, 2026. She had served as JMD since 2002. The company described her loss as irreparable and praised her wisdom, experience and contributions. The intimation was filed under SEBI LODR Regulation 30, with the Board and employees expressing condolences to the bereaved family.

Likely market impact

Sudden loss of a long-serving promoter-family JMD may create short-term uncertainty around leadership succession and continuity.