Godrej Agrovet Limited has informed the Exchange regarding Cessation of Mr Nadir Godrej as Other of the company w.e.f. August 13, 2026.

Promoter Family Board EntryDirector Flagged GovernanceManagement Changes View source PDF Explain this filing

GODREJAGRO · price

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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 (75) has decided to retire as Chairman and Non-Executive Director of Godrej Agrovet Limited with effect from close of business hours on August 13, 2026. He is stepping down after decades of service to focus on personal reasons. The Board has appointed him as 'Chairman Emeritus' from August 14, 2026 to recognise his contributions. His son, Mr. Burjis N. Godrej, currently an Executive Director since 2022, will take over as 'Chairman-Designate' from April 13, 2026 and become 'Chairperson' from August 14, 2026. Burjis previously served as MD of Astec LifeSciences and COO of the Crop Care business at Godrej Agrovet.

Likely market impact

This represents a planned generational transition in the Godrej family leadership. Burjis taking over as Chairperson maintains continuity in the promoter's control. The market may view this positively given Burjis's operational experience and the smooth transition planned over 4 months.