Garware Hi-Tech Films: Monika Garware re-appointed as Vice Chairperson and Jt. MD for 5 years

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

+0.2%Reaction day

₹6662.00

prior close

₹6666.00

announcement price

After-mkt

timing

Nifty Microcap 250market-0.6%+0.8% vs market

Plastic Products - Industrial peers, median of 34sector-0.8%+1.0% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.0 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

+0.1

10m

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15m

-1.3

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2-0.6+0.8-0.8+1.0

Next day

-0.9-0.9+0.0-2.2+1.3

+0.3+0.1+0.2-1.0+1.4

+4.0+0.3+3.7-1.8+5.8

+3.9+1.2+2.7-2.2+6.0

+3.6+0.8+2.8-1.7+5.3

+4.0+0.3+3.7-1.9+5.9

15d

+4.8-0.2+5.0-3.1+7.9

+7.8+0.6+7.2-4.1+11.9

+9.0+4.7+4.3-1.9+10.9

-0.2+5.4-5.6+1.6-1.8

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 34Pending

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

AI summary

Shareholders approved the re-appointment of Ms. Monika Garware as Vice Chairperson and Joint Managing Director of Garware Hi-Tech Films for 5 years, from November 1, 2026 to October 31, 2031. The approval came through a postal ballot and e-voting on June 23, 2026. Ms. Garware, daughter of promoter Dr. S. B. Garware, has been on the board since 1989 and handles overall business affairs. She is not debarred by SEBI or any other authority.

Likely market impact

Continuity at the top; promoter family stays in leadership, giving stable direction for the next five years.