Godrej Agrovet Limited has informed the Exchange about Retirement

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

GODREJAGRO · 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

+3.3%Reaction day

₹586.40

prior close

₹592.20

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+2.5%+0.8% vs market

Food Products peers, median of 89sector · industry level+1.9%+1.5% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.5 pts more than its Food 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

+1.9

10m

+1.3

15m

+1.1

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.3+2.5+0.8+1.9+1.5

Next day

+3.8+3.7+0.0+2.6+1.1

+4.8+5.0-0.2+3.6+1.2

+3.6+4.4-0.8+2.5+1.1

+4.2+5.5-1.3+4.1+0.1

+5.2+6.9-1.7+5.0+0.2

+1.7+5.1-3.4+3.3-1.6

15d

+0.4+12.0-11.6+6.8-6.4

-1.9+7.6-9.5+2.8-4.7

-2.7+13.7-16.4-1.1-1.6

-1.3+18.7-20.0-0.3-1.1

UpDownMarket · Nifty Microcap 250Sector · Food Products peers, median of 89Pending

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

AI summary

Mr. Nadir Godrej has announced his retirement as Chairman and Non-Executive Director of Godrej Agrovet Limited, effective close of business hours on August 13, 2026. He is stepping down as he will turn 75 in August 2026. The Board has approved his appointment as Chairman Emeritus from August 14, 2026, in recognition of his decades of contribution. Simultaneously, Mr. Burjis N. Godrej, currently an Executive Director and son of Mr. Nadir Godrej, has been appointed as Chairman-Designate effective immediately (April 13, 2026) and will become Chairperson of the Board from August 14, 2026.

Likely market impact

This represents a planned generational transition within the Godrej promoter family. The succession is well-structured with a transition period, and Burjis Godrej brings relevant experience from his roles at Godrej Agrovet and Astec LifeSciences. The continuity of promoter family control is maintained.