HEGAMBSEHEG ADVANCED MATERIAL LTD· ElectrodesLowNeutral
Announced Mon, 26 Oct, 2026 · 16:54 IST

Riju Jhunjhunwala to chair Malana Power and AD Hydropower

HEGAM · 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
+4.8%Reaction day
₹204.90
prior close
₹205.30
announcement price
After-mkt
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Nifty Smallcap 250marketpendingvs market: pending
Electrodes & Refractories peers, median of 9sector+2.9%+2.0% vs sector

On the reaction day the stock moved 2.0 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
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+2.2
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+1.5
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+3.3
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Reaction day
+4.8pendingpending+2.9+2.0
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UpDownMarket · Nifty Smallcap 250Sector · Electrodes & Refractories peers, median of 9Pending

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

AI summary

The boards of Malana Power Company Limited and AD Hydropower Limited appointed Riju Jhunjhunwala as Chairman of each company, subject to HEG Advanced Materials' board approval. Both firms are owned through HEG. Malana operates an 86 MW hydro project, while AD Hydropower operates the 192 MW Allain Duhangan project. Ravi Jhunjhunwala remains Managing Director of Malana and will continue serving on both boards.

Likely market impact

The change aligns leadership across HEG's hydropower assets and supports continuity, but the filing gives no earnings guidance or direct financial impact.