JMDs Urmi Prasad and Charita Thakkar re-appointed for 5 years
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On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.9 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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Shareholders at the 49th AGM on Sept 23, 2026 approved re-appointment of Ms. Urmi Prasad and Ms. Charita Thakkar as Joint Managing Directors for 5 years, from April 1, 2027 to March 31, 2032. Ms. Charita Thakkar's re-appointment also needs Central Government approval as she is a Non-Resident Indian. Both are sisters, long-tenured with the firm (Urmi for 34 years, Charita since 1984), and Urmi is married to a non-executive director. No new appointments or exits involved.
Continuity at the top as both Joint Managing Directors get another 5-year term, signalling leadership stability for the company.