Manoj Nair appointed CEO; Suramya Nevatia steps down as CEO

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

HIRECT · price

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

+0.7%Reaction day

₹805.00

prior close

₹815.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+0.1% vs market

Industrial Products peers, median of 116sector+0.0%+0.7% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.7 pts more than its Industrial 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

-0.2

10m

-0.1

15m

-0.4

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+0.7+0.1+0.0+0.7

Next day

-0.6+0.1-0.8-0.3-0.3

-0.5-1.0+0.4-1.6+1.0

+1.8-0.0+1.8-1.5+3.3

+0.7+0.5+0.2-1.5+2.3

+0.2+0.0+0.2-1.8+2.1

-0.1+2.1-2.1-0.3+0.2

15d

+16.1+2.9+13.3-1.7+17.9

+3.2+0.4+2.8-3.2+6.4

-10.5-5.0-5.5-10.9+0.4

-14.8-7.1-7.7-14.5-0.3

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 116Pending

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

AI summary

Hind Rectifiers appointed Manoj Nair as Chief Executive Officer and Key Managerial Personnel effective October 10, 2025. Nair was previously CEO of IIMS Limited and earlier held roles at Cummins India. Suramya Nevatia relinquished the CEO role but continues as Chairman, Managing Director and KMP.

Likely market impact

The leadership handoff may sharpen management focus, while Nevatia's continued role provides operational continuity.