Two new Independent Directors appointed at Jindal Worldwide

Management Changes View source PDF Explain this filing

JINDWORLD · 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

-1.0%Reaction day

₹46.58

prior close

₹46.33

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+0.3% vs market

Other Textile Products peers, median of 190sector-0.8%-0.2% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.2 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

Stock

-0.6

10m

-0.8

15m

-0.7

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-1.3+0.3-0.8-0.2

Next day

-2.4-1.3-1.1-1.2-1.1

-2.4+0.0-2.4-0.6-1.8

-4.0-0.2-3.8-0.5-3.6

-7.6-3.0-4.6-2.0-5.6

-8.7-2.7-6.0-2.2-6.5

-8.8-1.7-7.1-1.1-7.7

15d

-25.3-8.9-16.4-6.7-18.6

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 190Pending

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

AI summary

Jindal Worldwide board approved appointing Mr. Omprakash Bhandari (age 73, Chartered Accountant with 32+ years in auditing, taxation, merchant banking) and Mrs. Bhavi Shah (age 43, Fellow CA and Insolvency Professional) as Non-Executive Independent Directors effective September 30, 2026 for a first term of 2 years, subject to shareholder approval. Both are unrelated to existing directors and meet the independence criteria under the Companies Act 2013.

Likely market impact

Adds experienced finance professionals to the board, likely strengthening governance, audit, and compliance oversight for shareholders.