Maithan Alloys: Executive Director Designations Changed

Management Changes View source PDF Explain this filing

MAITHANALL · price

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

-0.1%Reaction day

₹971.00

prior close

₹974.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.2% vs market

Ferro & Silica Manganese peers, median of 7sector-1.7%+1.6% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 1.6 pts more than its Ferro & Silica Manganese 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

+0.8

10m

+1.0

15m

+0.3

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+0.1-0.2-1.7+1.6

Next day

+1.1+0.2+0.9-1.5+2.6

+2.2+0.6+1.6-0.7+2.9

+1.3-0.0+1.4+1.4-0.0

+0.5+0.5+0.0+0.2+0.3

+1.1+0.8+0.4-1.0+2.1

+1.7+0.6+1.1-0.9+2.6

15d

+12.5+1.3+11.2-1.0+13.5

+3.9-1.4+5.3-4.1+8.0

-7.9-0.6-7.3-6.0-1.9

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UpDownMarket · Nifty Microcap 250Sector · Ferro & Silica Manganese peers, median of 7Pending

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

AI summary

Board approved management role changes effective 1 Oct 2026. Promoter Subhas Chandra Agarwalla moves from Chairman and MD to Executive Chairman, giving up the MD role. Subodh Agarwalla, currently Whole-time Director and CEO, is redesignated as Managing Director and CEO. Both are promoter family members. Remuneration terms remain unchanged. Subject to shareholder approval.

Likely market impact

Smooth internal restructuring within promoter family. No resignations, no financial change. Awaiting shareholder approval.