Two directors exit, two new government nominees join board

Management Changes View source PDF Explain this filing

HEMIPROP · price

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

+2.6%Reaction day

₹134.80

prior close

₹134.80

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%+2.3% vs market

Diversified Commercial Services peers, median of 69sector-0.1%+2.7% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.7 pts more than its Diversified Commercial Services 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

+1.5

10m

+4.1

15m

+3.8

30m

+3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6+0.3+2.3-0.1+2.7

Next day

+7.1-1.1+8.3-0.7+7.8

+5.2-1.3+6.5-1.5+6.7

+5.8-1.1+6.9-2.1+7.8

+4.6-2.4+7.0-3.3+7.9

+4.7-2.2+6.9-2.7+7.4

+5.0-3.0+8.0-3.8+8.7

15d

+1.8-7.5+9.3-7.5+9.3

+2.8-7.4+10.2-9.6+12.4

-4.1+1.9-6.0+1.2-5.3

+8.3+3.6+4.7-0.6+9.0

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 69Pending

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

AI summary

Hemisphere Properties India Limited, a Government of India Enterprise, announced a board change effective February 17, 2026. On an order from the Ministry of Housing and Urban Affairs, two existing directors, Manasi Sahay Thakur and Tanvi Garg, have ceased to hold office. Two IAS officers, Pradeep Kumar Jha and Shyam Lal Poonia, both currently serving in MoHUA, have been appointed as new directors on the board.

Likely market impact

Routine government-led board reshuffle for this PSU. No direct material impact expected for retail shareholders.