4 senior managers move to resulting companies under scheme of arrangement

Management Changes View source PDF Explain this filing

INDIAGLYCO · 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

-78.7%Reaction day

₹1106.80

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market-0.6%-78.1% vs market

Breweries & Distilleries peers, median of 25sector-0.3%-78.3% vs sector

On the reaction day the stock moved 78.1 pts less than Nifty Microcap 250 and 78.3 pts less than its Breweries & Distilleries 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-78.7-0.6-78.1-0.3-78.3

Next day

-77.6+0.0-77.6-0.3-77.3

-76.5+0.7-77.2-0.0-76.4

-75.3+1.1-76.4-0.9-74.4

-74.1+1.6-75.7-0.9-73.2

-72.8+1.5-74.3-2.1-70.7

-73.4+1.4-74.7-2.6-70.8

15d

-72.1+0.4-72.5-4.4-67.7

-72.6-1.4-71.2-6.5-66.1

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UpDownMarket · Nifty Microcap 250Sector · Breweries & Distilleries peers, median of 25Pending

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

AI summary

Following the effectiveness of the Scheme of Arrangement on 1 Sept 2026, four Senior Management Personnel - Shashi Kant Shukla, Shailendra Kumar Pandey, Vishal Shishodia, and Rakesh Kumar Srivastava - ceased to be SMPs of India Glycols from 31 Aug 2026. Their employment was transferred to the resulting companies formed under the scheme.

Likely market impact

Routine transition tied to corporate restructuring. SMPs moved to new entities formed under the scheme. No governance red flags from this change.