Puneet Anand appointed President and Group Chief Strategy Officer

Management Changes View source PDF Explain this filing

HEG · price

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

+2.2%Reaction day

₹518.05

prior close

₹540.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%+2.4% vs market

Electrodes & Refractories peers, median of 10sector-0.2%+2.5% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Smallcap 250 and 2.5 pts more than its Electrodes & Refractories 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

-0.5

10m

-0.8

15m

+1.3

30m

+2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2-0.1+2.4-0.2+2.5

Next day

+0.7+0.6+0.1+0.9-0.2

-0.7+0.2-0.9+1.8-2.5

-0.5+0.4-0.9+2.0-2.6

-1.6+1.0-2.6+2.0-3.6

-0.4+0.0-0.4+1.3-1.8

-0.7-0.5-0.2+2.4-3.1

15d

+0.7-1.9+2.6+0.4+0.3

+3.1-4.5+7.5-2.5+5.6

+10.3-5.4+15.7-5.3+15.6

+1.6-3.8+5.4+2.7-1.1

UpDownMarket · Nifty Smallcap 250Sector · Electrodes & Refractories peers, median of 10Pending

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

AI summary

HEG Limited appointed Puneet Anand as President and Group Chief Strategy Officer with effect from December 1, 2025. He will also serve as a senior executive and help assess events requiring stock exchange reporting.

Likely market impact

The appointment strengthens senior leadership and strategy oversight. No financial impact was disclosed, so the immediate stock effect is likely neutral.