Greenpanel Industries Limited has informed the Exchange about General Updates

Management Changes View source PDF Explain this filing

GREENPANEL · 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

-2.7%Reaction day

₹229.52

prior close

₹229.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-1.8% vs market

Plywood Boards/ Laminates peers, median of 12sector-0.3%-2.4% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.4 pts less than its Plywood Boards/ Laminates 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

-1.3

10m

-1.2

15m

-1.1

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-0.8-1.8-0.3-2.4

Next day

-3.1-1.0-2.1-0.9-2.2

+0.6+3.6-3.0+2.6-2.0

+7.2+5.3+1.9+3.3+3.8

+10.6+7.0+3.6+5.6+5.0

+9.1+8.1+1.0+6.4+2.7

+7.9+10.2-2.4+8.7-0.9

15d

+13.9+11.8+2.1+9.3+4.6

+19.0+14.6+4.4+12.6+6.4

+25.3+15.3+10.0+10.0+15.3

+17.6+10.2+7.5+6.8+10.9

UpDownMarket · Nifty Microcap 250Sector · Plywood Boards/ Laminates peers, median of 12Pending

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

AI summary

Greenpanel Industries Limited has informed the stock exchanges that Mr. Neeladri Basu, President – Strategy & Commercial, has resigned from the company effective May 1, 2025. The reason cited is personal reasons, health concerns, and work-life balance. The disclosure is being made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The company has attached the resignation letter and relevant details as an annexure. Mr. Basu was part of the senior management team, not the board or a Key Managerial Personnel (KMP) position.

Likely market impact

This is a senior management-level exit, not a board or KMP change, so it is unlikely to materially affect the stock price or business operations. Investors may want to monitor how the Strategy & Commercial function is restructured going forward.