Board approves Q1FY27 results, appoints new statutory auditor

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Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹13.73

prior close

₹13.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-3.6% vs market

Specialty Chemicals peers, median of 94sector+0.1%-2.4% vs sector

On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 2.4 pts less than its Specialty Chemicals 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

+3.6

15m

+4.2

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3+1.3-3.6+0.1-2.4

Next day

-3.1+1.6-4.7+0.2-3.2

-5.4+1.7-7.1+0.0-5.4

-6.6+1.6-8.3+1.0-7.6

-3.9+1.5-5.4+1.0-5.0

-7.1+1.8-8.9+0.5-7.5

-5.3+2.1-7.4+1.6-7.0

15d

-2.0+3.2-5.2+2.3-4.3

+50.5+3.7+46.8+2.6+47.9

+17.6+1.1+16.5-0.8+18.4

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 94Pending

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

AI summary

Board approved Q1 FY27 un-audited standalone and consolidated results for quarter ended 30 June 2026, with limited review by current auditor A H J & Associates. Board appointed Chhogmal & Co. as new statutory auditor for 5 years (52nd to 57th AGM), subject to shareholder approval. Current auditor A H J & Associates completes term at 52nd AGM. Also approved FY26 Board's Report and notice for 52nd AGM on 28 September 2026.

Likely market impact

Routine auditor transition from A H J & Associates to Chhogmal & Co. New auditor appointment needs shareholder approval at 52nd AGM on 28 September 2026.