Ice Make shareholders approve re-appointment of three Managing Directors for 3 years

Management Changes View source PDF Explain this filing

ICEMAKE · price

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

-1.1%Reaction day

₹633.85

prior close

₹629.55

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+0.2% vs market

Industrial Products peers, median of 134sector-1.4%+0.3% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.3 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

-1.4

10m

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15m

-0.8

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1-1.3+0.2-1.4+0.3

Next day

-2.0-1.3-0.7-2.1+0.1

+0.6+0.0+0.6-0.5+1.1

+6.6-0.2+6.8-1.1+7.7

+3.2-3.0+6.1-3.6+6.7

+4.1-2.7+6.8-2.7+6.8

+6.1-1.7+7.8-3.0+9.1

15d

+0.2-8.9+9.0-9.8+10.0

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 134Pending

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

AI summary

Shareholders at Ice Make Refrigeration's 17th AGM on September 30, 2026 approved the re-appointment of Chandrakant P. Patel as Managing Director and Rajendra P. Patel and Vipul I. Patel as Joint Managing Directors, each for a 3-year term from September 5, 2026 to September 4, 2029. All three are promoter family members holding a combined 69.62 percent stake in the company.

Likely market impact

Continuity in leadership with promoter family controlling about 69.6 percent stake ensures management stability for the next three years.