MAITHANALLNSEMaithan Alloys Limited· Ferrous MetalsHighNegative
Announced Thu, 7 May, 2026 · 11:35 IST

Maithan Alloys Limited has informed the Exchange regarding Resignation of Mr. Sreejith Ariyanthari Thazhemadam as Other of the company w.e.f. May 06, 2026.

MAITHANALL · 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
+2.4%Reaction day
₹997.00
prior close
₹1011.60
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+0.9% vs market
Ferro & Silica Manganese peers, median of 7sector+0.8%+1.6% vs sector

On the reaction day the stock moved 0.9 pts more 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
5m
-0.1
10m
+0.3
15m
+0.2
30m
+0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.4+1.6+0.9+0.8+1.6
Next day
+3.3+1.5+1.8-0.2+3.5
2d
+0.5+0.0+0.5-1.0+1.5
3d
-2.7-3.0+0.3-3.8+1.1
4d
-0.8-2.4+1.6-2.7+1.9
5d
+1.2-2.1+3.3-2.8+4.0
1w
-3.2-3.8+0.6-8.1+4.8
15d
+1.9-0.0+1.9-2.2+4.0
1m
-1.0-1.0-0.0+1.1-2.1
2m
+0.7+6.5-5.8-5.9+6.6
3m
-2.6+10.2-12.7+0.6-3.2
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

Mr. Sreejith Ariyanthari Thazhemadam, General Manager (Operations) and Plant Head of the Vishakhapatnam Unit, has tendered his resignation effective May 6, 2026. The resignation was submitted on March 5, 2026, citing personal reasons. The management has accepted the resignation. The company has disclosed this change under SEBI LODR Regulation 30 read with Schedule III Para A(7C), which covers senior management changes. This is a senior-level operational exit from one of the company's three manufacturing units.

Likely market impact

This represents a senior management change at the plant head level. While significant for Vishakhapatnam operations, it is unlikely to have a major impact on stock price as it involves a functional role rather than a top leadership position like CEO or CFO.