Board approves Q1 results, re-appoints both Joint Managing Directors for 5 years

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

-3.4%Reaction day

₹55.80

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-3.8% vs market

Petrochemicals peers, median of 12sector+1.7%-5.1% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 5.1 pts less than its Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 12Pending

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AI summary

Board approved Q1 FY27 results: total income 8.18 crore (up from 6.78 crore YoY), net profit 86.45 lakh (vs 59.21 lakh YoY), EPS 1.45. Re-appointed sisters Ms. Urmi Prasad and Ms. Charita Thakkar as Joint Managing Directors for 5 years from April 1, 2027, pending shareholder approval. 49th AGM set for September 23, 2026 via video conferencing.

Likely market impact

Continuity at top management as promoter family stays on board. Strong YoY profit growth may be viewed positively by investors.