Announced Fri, 21 Aug, 2026 · 15:37 IST

Three new directors appointed at 40th AGM

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

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

-0.8%Reaction day

₹294.50

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.0% vs market

Other Textile Products peers, median of 193sector-0.2%-0.6% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.6 pts less than its Other Textile 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+0.3-1.0-0.2-0.6

Next day

-0.6-0.2-0.4-0.4-0.2

+0.2+0.4-0.2-0.6+0.8

+2.5+0.2+2.4-0.2+2.8

+3.6+0.5+3.1-0.1+3.7

-1.2+0.8-2.0+0.0-1.2

-1.5-0.8-0.8-0.7-0.9

15d

-4.9-2.1-2.8-1.7-3.2

-1.6+0.2-1.8-1.5-0.0

+1.2-9.2+10.4-8.2+9.4

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 193Pending

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

AI summary

At the 40th Annual General Meeting on 21 August 2026, shareholders approved three director appointments: Rishit Garg as Executive Director (Whole Time) with remuneration, plus Shyam Karan Garg and Aakash Goel as Independent Directors for five-year terms each. The resolutions were passed as Special Resolutions. The filing includes supporting details on directorships held elsewhere and promoter group shareholding per SEBI disclosure requirements.

Likely market impact

Board expansion with family-aligned executive and two new independent directors; may bring governance continuity but adds promoter influence on the board.