Re-appointment of CMD, Q1 FY26-27 results, 17th AGM on Sep 18

Management Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹275.40

prior close

₹285.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.6% vs market

Packaged Foods peers, median of 36sector+0.0%-0.7% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.7 pts less than its Packaged Foods 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

-4.0

10m

-3.9

15m

-3.8

30m

-3.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-0.1-0.6+0.0-0.7

Next day

-0.9-0.2-0.6-0.2-0.6

-1.0+0.1-1.1-0.3-0.7

-0.4+0.3-0.7-1.0+0.6

-0.9+0.4-1.3+1.1-2.0

-1.4+0.5-1.9-0.7-0.8

+4.2+0.3+3.9-2.3+6.5

15d

+0.2+1.9-1.7-1.1+1.2

-5.9+2.2-8.1-0.6-5.3

-7.5-1.2-6.4-9.2+1.7

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UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 36Pending

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

AI summary

Board approved Q1 FY26-27 results with revenue of Rs 4,223 million (up about 31 percent YoY) and net profit of Rs 128.47 million versus Rs 25.24 million a year ago. Re-appointed founder Bipinbhai Hadvani as Chairman and MD for 5 years from October 1, 2026 to September 30, 2031 and Harsh Shah as Non-Executive Director, subject to shareholder approval at 17th AGM on September 18, 2026.

Likely market impact

Leadership continuity at the top with founder CMD getting a fresh 5-year term, alongside strong Q1 earnings; final approvals await shareholders at the AGM.