Senior General Manager (Brass SBU) Lokesh Miglani resigns

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HARSHA · price

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

+0.2%Reaction day

₹435.50

prior close

₹439.85

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.3% vs market

Other Industrial Products peers, median of 25sector+0.4%-0.2% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.2 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+0.2+0.5-0.3+0.4-0.2

Next day

+0.5+0.8-0.3+1.0-0.5

+1.5+1.0+0.5+0.4+1.1

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-1.3+1.2-2.5+0.6-1.9

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+5.1+1.6+3.6+0.7+4.5

15d

+3.1+1.9+1.2-2.2+5.3

+7.4+0.8+6.6-3.5+10.9

-2.4-5.7+3.3-4.6+2.2

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UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 25Pending

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AI summary

Mr. Lokesh Miglani, Senior General Manager and Head of the Brass SBU at Harsha Engineers International, has resigned citing new opportunities. His last working day is August 21, 2026. He led the Brass business unit for three years, contributing to the sustained increase in brass output and the ramp-up of Gen 1 and Gen 2 facilities. The company has accepted his resignation and disclosed details under SEBI Listing Regulations.

Likely market impact

Loss of a senior leader heading the brass division; investors will watch for succession planning and continuity of brass operations.