MD re-appointed, Joint MD appointed; AGM on Sep 30

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

HARIOMPIPE · 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

+1.8%Reaction day

₹343.00

prior close

₹350.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+2.4% vs market

Iron & Steel Products peers, median of 103sector-0.3%+2.1% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.1 pts more than its Iron & Steel 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

Stock

-0.9

10m

-0.5

15m

-0.7

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8-0.6+2.4-0.3+2.1

Next day

+3.8+0.0+3.8+0.3+3.5

+4.7+0.7+4.0+0.5+4.1

+6.3+1.1+5.2+0.5+5.8

+7.7+1.6+6.1+0.6+7.2

+6.4+1.5+4.9+0.7+5.7

+5.2+1.4+3.9+0.0+5.2

15d

+2.4+0.4+2.0+1.8+0.7

-6.0-1.4-4.6-3.2-2.8

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 103Pending

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

AI summary

Board re-appointed Rupesh Kumar Gupta as Managing Director for 3 years from Jan 8, 2027. Shailesh Kumar Gupta, co-founder and brother of Rupesh, appointed as Joint Managing Director for 3 years from Sep 2, 2026. Both are promoter family. Remuneration revised for Whole-time Director Ansh Golas and approved for other directors. 19th AGM on Sep 30, 2026 via video conferencing. All subject to shareholder approval.

Likely market impact

Promoter family leadership continues; new Joint MD adds execution bandwidth. Subject to shareholder approval at upcoming AGM.