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GUJRAFFIANSEGujarat Raffia Industries Limited· Industrial ProductsHighNeutral
Announced Mon, 30 Jun, 2025 · 12:43 IST

Gujarat Raffia Industries Limited has informed the Exchange about change in Management

GUJRAFFIA · 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
+0.0%Reaction day
₹40.51
prior close
₹40.50
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-0.9% vs market
Packaging peers, median of 62sector+0.1%-0.1% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.1 pts less than its Packaging 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
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Sessions after the filingfrom the prior close
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Reaction day
+0.0+0.9-0.9+0.1-0.1
Next day
+1.2+0.9+0.3+0.0+1.2
2d
-0.9+0.8-1.6+0.2-1.1
3d
-2.5+0.8-3.3-0.2-2.3
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+1.7+1.2+0.4+0.0+1.6
5d
+4.3+0.8+3.5-0.4+4.7
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-1.0+1.1-2.1-1.1+0.1
15d
-0.1+2.4-2.5-0.5+0.4
1m
-2.8+0.5-3.3-1.8-1.0
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-3.7-2.9-0.8-3.1-0.6
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-3.7-4.6+0.9-2.2-1.6
UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 62Pending

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

AI summary

Gujarat Raffia Industries Limited announced the appointment of Mr. Mehulkumar Dulabhai Desai as the Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP) of the company, effective June 30, 2025. The decision was taken at a Board meeting held on the same day, which commenced at 11:30 a.m. and concluded at 12:10 p.m. Mr. Desai is a qualified Company Secretary, an associate member of the Institute of Company Secretaries of India (ICSI) with membership number A75204, and holds a Master's degree in Commerce. He has approximately two years of experience as a Company Secretary in a client-facing corporate role. The disclosure was made under SEBI Listing Regulations and signed by Ms. Sushma Pradeep Bhutoria, Whole Time Director.

Likely market impact

This is a routine KMP-level appointment and is unlikely to have any material impact on the stock price or shareholder value. It indicates the company is filling an important compliance role, which is a normal governance requirement for listed entities.