शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
IPLNSEIndia Pesticides Limited· Fertilizers & AgrochemicalsHighNegative
Announced Wed, 23 Jul, 2025 · 19:29 IST

India Pesticides Limited has informed the Exchange regarding Resignation of Mr.Rajendra Singh Sharma as Executive Director of the company w.e.f. July 23, 2025 from the close of hours.

Kmp ResignedManagement Changes View source PDFExplain this filing

IPL · price

Loading chart…

▲ 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
+3.7%Reaction day
₹221.11
prior close
₹222.49
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+4.0% vs market
Pesticides & Agrochemicals peers, median of 25sector-0.3%+4.0% vs sector

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 4.0 pts more than its Pesticides & Agrochemicals 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
5m
+0.7
10m
+0.7
15m
+0.0
30m
+0.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+3.7-0.3+4.0-0.3+4.0
Next day
-4.3-2.2-2.1-0.7-3.6
2d
-3.8-3.4-0.4-0.4-3.4
3d
+2.6-1.9+4.6+0.5+2.1
4d
+3.4-1.6+5.0+2.6+0.8
5d
+3.7-2.3+6.0+2.4+1.4
1w
+2.2-3.3+5.6-0.2+2.4
15d
-6.7-5.8-1.0-7.6+0.8
1m
+1.8-3.7+5.4-7.2+9.0
2m
-1.3-2.4+1.1-10.0+8.7
3m
-14.5-3.5-11.1-16.1+1.6
UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 25Pending

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

AI summary

India Pesticides Limited has informed the stock exchanges that Mr. Rajendra Singh Sharma (DIN: 02487797) has resigned from the position of Whole-Time Director of the company, effective from the close of business hours on July 23, 2025. In his resignation letter, Mr. Sharma cited health issues as the reason for stepping down and expressed gratitude to the Board for their cooperation during his tenure. The Board has accepted the resignation, and the company has filed the intimation under SEBI Listing Regulations. No other changes to the Board or management have been mentioned in this filing.

Likely market impact

The departure of a Whole-Time Director due to health reasons is a routine governance event, but shareholders should watch for the company's plan to fill this executive role. In the short term, this may have a mild negative sentiment impact, though no operational disruption has been indicated.