Government Nominee Director appointed on KIOCL board

Management Changes View source PDF Explain this filing

KIOCL · 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

-1.3%Reaction day

₹373.00

prior close

₹373.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-2.0% vs market

Ferrous Metals peers, median of 23sector · industry level-0.4%-0.9% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 0.9 pts less than its Ferrous Metals 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

-0.0

15m

-0.3

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3+0.7-2.0-0.4-0.9

Next day

-1.3-1.0-0.4+0.1-1.5

-1.9-0.3-1.6+0.7-2.5

-6.4-1.9-4.5+0.6-7.1

-9.4-4.5-4.9-1.1-8.3

-10.4-5.5-4.9-2.0-8.4

-13.3-7.3-6.0-5.0-8.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Ferrous Metals peers, median of 23Pending

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

AI summary

Ministry of Steel appointed Shri Arindam Chaudhary, Deputy Secretary, as Government Nominee Director on KIOCL Limited board effective October 12, 2026, replacing Shri Gopalkrishnan Ganesan. Chaudhary has held leadership roles in state administration and PSUs, including Director (Personnel and Finance) at HPSEBL. He is not debarred from holding office as Director. KIOCL is a Government of India undertaking under the Ministry of Steel.

Likely market impact

Routine government nominee change in a PSU; no material impact on operations or share price expected.