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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.5 pts less than Nifty Microcap 250 and 7.0 pts less than its Road Transport peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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At Inter State Oil Carrier's 41st AGM held on 18th September 2025, shareholders approved three board changes via Special/Ordinary Resolutions. Mr. Sanjay Jain (DIN: 00167765) was re-appointed as Managing Director for a 3-year term from 1st September 2025 to 31st August 2028; he has over 32 years of experience in the transportation industry. Mrs. Parul Khanna (DIN: 10898720), an ed-tech professional from CueMath with no prior transport or logistics background, was appointed as Non-Executive Non-Independent Director — she was first inducted as Additional Director by the Board on 10th February 2025. The remuneration terms of Mr. Siddhant Jain (DIN: 07154500), Whole-Time Director and son of Sanjay Jain (existing tenure: 2nd May 2024 to 1st May 2027), were revised following Board approval on 11th August 2025. All three are confirmed not debarred from holding director office under any SEBI order.
Continuity at the top with the promoter Jain family (father Sanjay as MD and son Siddhant as WTD) retaining leadership control. The addition of a non-industry director with an education and mentoring background points to a push toward better people practices and governance, but gives no fresh independent oversight. Likely a neutral-to-mildly-positive signal for retail shareholders focused on board diversity, though the promoter family's tight grip on key executive roles remains unchanged.