Please find attached Change in Management

Promoter family joins the boardManagement Changes View source PDF Explain this filing

GMMPFAUDLR · price

Loading chart…

▲ 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

-5.1%Reaction day

₹851.50

prior close

₹877.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-5.2% vs market

Industrial Products peers, median of 127sector+0.0%-5.1% vs sector

On the reaction day the stock moved 5.2 pts less than Nifty Microcap 250 and 5.1 pts less than its Industrial Products 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

-4.6

10m

-5.2

15m

-5.9

30m

-6.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.1+0.1-5.2+0.0-5.1

Next day

-5.0+1.7-6.7+1.3-6.3

-5.9+2.4-8.3+1.8-7.7

-7.7+2.4-10.1+1.4-9.1

-11.2+1.7-12.9+0.8-12.0

-8.7+0.6-9.3+0.0-8.7

-10.1+1.9-12.1+0.4-10.5

15d

-8.6+4.9-13.4+1.7-10.3

-3.0+8.9-11.9+4.9-7.9

-6.0+7.5-13.6+4.8-10.9

+16.2+13.6+2.7+5.0+11.3

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 127Pending

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

AI summary

GMM Pfaudler's Board has appointed Mr. Gregory Gelhaus as Group Chief Executive Officer and Key Managerial Personnel (KMP) effective May 21, 2026, subject to shareholder ratification at the 63rd AGM. Mr. Gelhaus, previously the Chief Transformation Officer, brings experience from PricewaterhouseCoopers, Alvarez & Marsal, and Global Blue. At the senior management level, Mr. Ankit Nayyar (Deputy CFO) and Mr. Massimo Serapioni (CEO-Corrosion-Resistant Technologies) have been designated as SMPs. Mr. Manish Shah and Mr. Ulf Wittmann have ceased to be SMPs due to organisation structure changes, though both continue as employees. Notably, Mr. Gelhaus is part of the promoter family — son-in-law of Mr. Ashok Patel and brother-in-law of Mr. Tarak Patel.

Likely market impact

The appointment of a promoter family member as Group CEO may be viewed positively by long-term shareholders as it signals continuity, though governance-conscious investors may watch for related-party implications given the family connection.