Godrej Agrovet Limited has informed the Exchange regarding Outcome of Board Meeting held on April 13, 2026.

Promoter Family Board EntryManagement 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

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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

Godrej Agrovet Limited announced that Mr. Nadir Godrej will retire as Chairman and Non-Executive Director effective August 13, 2026, upon turning 75. Mr. Burjis N. Godrej, currently Executive Director and son of Mr. Nadir Godrej, has been appointed as Chairman-Designate effective immediately and will become Chairperson of the Board from August 14, 2026. Mr. Nadir Godrej will be designated as Chairman Emeritus after his retirement. The Board expressed appreciation for Mr. Nadir Godrej's decades of leadership and guidance.

Likely market impact

This represents a planned generational leadership transition within the Godrej promoter family. The succession is being handled smoothly with a transition period, which should provide stability for shareholders. The appointment of Burjis Godrej, who has been with the company since 2022 and has prior leadership experience at Astec LifeSciences, suggests continuity in strategic direction.