Chairman, CFO and Whole-Time Director passes away

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

Price

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

+5.0%Reaction day

₹117.05

prior close

₹120.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+5.7% vs market

Pharmaceuticals peers, median of 164sector-0.6%+5.6% vs sector

On the reaction day the stock moved 5.7 pts more than Nifty Microcap 250 and 5.6 pts more than its Pharmaceuticals 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

-0.8

10m

-1.3

15m

-2.5

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0-0.6+5.7-0.6+5.6

Next day

+6.2-0.9+7.1-0.3+6.5

+7.6+0.1+7.5+0.4+7.2

+11.5+0.3+11.2+0.0+11.5

+6.5+1.2+5.4+0.3+6.3

+11.8+0.8+11.0+1.2+10.6

+12.8+0.3+12.5+0.1+12.7

15d

—-0.2—+0.9—

—+0.6—+0.8—

—+4.7—+1.2—

—+5.4—+5.5—

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 164Pending

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

AI summary

Gujarat Inject Kerala Ltd informed BSE of the demise of Mr. Deepak Diwan Bachwani on 23 June 2026. He served as Whole-Time Director, Chief Financial Officer, and Chairman, and ceases to hold all three roles from that date. The Board expressed condolences. No successor has been announced yet in this filing.

Likely market impact

Loss of three top leadership roles simultaneously is a major governance shock. Expect near-term stock volatility until successor appointments are announced.