India Motor Parts and Accessories Limited has informed the Exchange regarding Change in Director(s) of the company.

Kmp ResignedPromoter Family Board EntryManagement Changes View source PDF Explain this filing

IMPAL · 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

-0.1%Reaction day

₹1027.00

prior close

₹1032.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+1.3% vs market

Auto Components peers, median of 135sector · industry level-0.9%+0.8% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.8 pts more than its Auto Components 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

+0.6

10m

-0.6

15m

-0.3

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-1.4+1.3-0.9+0.8

Next day

+0.3-4.5+4.8-3.5+3.9

+0.3-3.8+4.1-3.4+3.7

-0.2-3.6+3.4-4.5+4.3

-1.1-3.9+2.8-4.6+3.5

+3.2-5.2+8.4-6.3+9.5

-1.1-4.2+3.2-4.8+3.8

15d

+2.5-1.5+4.0-4.4+6.8

+1.0-3.1+4.1-6.7+7.7

+12.6+6.4+6.2+0.9+11.6

+7.6+8.3-0.7+3.1+4.6

UpDownMarket · Nifty Microcap 250Sector · Auto Components peers, median of 135Pending

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

AI summary

Sri S Ram has resigned as Chairman & Non-Executive Director with effect from close of business hours on 8th May 2026, citing advancing age. The Board expressed appreciation for his valuable guidance during his tenure. Simultaneously, Sri Srivats Ram, who was already a Non-Executive Director, has been appointed as the new Chairman for a term of 5 years effective 9th May 2026. The same-day resignation and appointment suggests a planned succession within the company. Both individuals share the surname 'Ram', indicating this is likely a family succession at the promoter level.

Likely market impact

The resignation of the long-serving Chairman may attract attention from investors, though the immediate appointment of his apparent family member (Srivats Ram) as successor provides continuity. The leadership transition appears smooth and well-planned.