Intimation for Resignation of Senior Management Personnel

Management Changes View source PDF Explain this filing

GULPOLY · price

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

-1.1%Reaction day

₹189.50

prior close

₹189.71

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-2.6% vs market

Other Agricultural Products peers, median of 57sector+0.0%-1.1% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 1.1 pts less than its Other Agricultural Products 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

-1.1+1.6-2.6+0.0-1.1

Next day

-0.3+1.5-1.7+0.5-0.8

+0.9+0.0+0.9-0.6+1.6

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+1.8-2.4+4.2-2.6+4.5

+1.8-2.1+4.0-2.0+3.9

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15d

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+9.8-1.0+10.7-5.9+15.6

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UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 57Pending

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

AI summary

Gulshan Polyols Limited announced the resignation of Mr. Mohan Lal Bansal from the position of Factory Manager at its Muzaffarnagar Plant. The resignation took effect from May 06, 2026. The reason cited was personal reasons. This disclosure was made under SEBI's Regulation 30 and Listing Obligations and Disclosure Requirements Regulations, 2015. Mr. Bansal served as Senior Management Personnel, not a Key Managerial Personnel (KMP) like CEO, CFO, or Managing Director. The company's Chairman and Managing Director, Dr. Chandra Kumar Jain, signed the disclosure to the stock exchanges.

Likely market impact

This is a mid-level operational management change and unlikely to have any material impact on the company's stock price or operations. Shareholders should note the resignation is for personal reasons with no red flags mentioned about governance concerns.