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GRWRHITECHNSEGarware Hi-Tech Films Limited· Industrial ProductsHighNeutral
Announced Fri, 23 May, 2025 · 18:44 IST

Garware Hi-Tech Films Limited has informed the Exchange regarding Re-appointment of Mrs Sarita Garware Ramsay as Joint Managing Director of the company w.e.f. May 26, 2025.

Promoter Family Board EntryManagement Changes View source PDFExplain this filing

GRWRHITECH · 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
+1.5%Reaction day
₹4221.80
prior close
₹4290.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%+0.9% vs market
Plastic Products - Industrial peers, median of 39sector+0.0%+1.5% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.5 pts more 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
5m
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10m
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15m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
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Next day
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2d
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+12.0+1.2+10.9-0.3+12.3
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1w
+10.2+1.8+8.5-0.7+11.0
15d
+2.0+3.3-1.3-1.4+3.3
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-1.7+3.1-4.8-0.4-1.2
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-16.5+2.3-18.8-1.1-15.4
3m
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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 39Pending

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

AI summary

Garware Hi-Tech Films has re-appointed Mrs. Sarita Garware Ramsay as Joint Managing Director for a 3-year term from May 26, 2025 to May 25, 2028. The re-appointment was approved by shareholders through a postal ballot and e-voting on May 22, 2025. Mrs. Garware Ramsay has been associated with the company as a director since 1993, bringing over three decades of experience in marketing, corporate affairs, legal, secretarial, and human resources. She holds an MBA from European University, Switzerland, with a specialization in marketing. She is the daughter of Dr. S. B. Garware and sister of Ms. Monika Garware and Ms. Sonia Garware, placing her in the promoter family.

Likely market impact

This re-appointment signals leadership continuity at the top, as a long-serving promoter family member stays in a key executive role. For shareholders, this generally suggests stability in strategic direction, though the promoter family's continued grip on management may be a governance consideration for some investors.