Board re-appoints MD and two Whole Time Directors for 3 years

Management Changes View source PDF Explain this filing

KIRIINDUS · price

Loading chart…

▲ 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

-9.2%Reaction day

₹518.00

prior close

₹486.45

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-10.2% vs market

Dyes And Pigments peers, median of 8sector+0.2%-9.4% vs sector

On the reaction day the stock moved 10.2 pts less than Nifty Microcap 250 and 9.4 pts less than its Dyes And Pigments 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

-1.5

10m

-2.0

15m

-3.2

30m

-3.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-9.2+1.0-10.2+0.2-9.4

Next day

-11.2+0.5-11.7-0.3-10.9

-10.0-0.0-10.0-1.2-8.8

-11.7-1.5-10.2-1.8-9.9

-12.9-2.2-10.7-2.1-10.8

-12.2-1.2-10.9-2.2-10.0

-12.5-2.4-10.2-3.5-9.0

15d

-17.8-8.8-9.0-10.8-7.0

-22.6-8.3-14.3-10.2-12.4

-21.7-3.5-18.1-5.8-15.9

-20.5+6.4-26.9+1.6-22.1

UpDownMarket · Nifty Microcap 250Sector · Dyes And Pigments peers, median of 8Pending

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

AI summary

Board re-appointed Manish Kiri as Chairman and Managing Director for 3 years from April 1, 2026, and Girish Tandel and Yagnesh Mankad as Whole Time Directors for 3 years from February 11, 2026. All re-appointments are subject to shareholder approval. No SEBI debarment flags were noted against any of the three directors.

Likely market impact

Leadership continuity confirmed; re-appointments require shareholder approval at the next general meeting.