Saahil Parikh confirmed as Non-Executive Director via postal ballot

Board & Shareholder Meetings View source PDF Explain this filing

MAKERSL · 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

-5.3%Reaction day

₹209.00

prior close

₹213.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%-2.7% vs market

Pharmaceuticals peers, median of 172sector-1.7%-3.6% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 3.6 pts less than its Pharmaceuticals 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

-3.8

10m

-3.8

15m

-3.8

30m

-4.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.3-2.6-2.7-1.7-3.6

Next day

-4.7-3.6-1.1-2.1-2.6

-10.5-5.8-4.7-3.4-7.1

-11.3-5.5-5.9-2.3-9.0

-10.5-3.8-6.7-1.1-9.4

-10.0pendingpending+0.2-10.2

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15d

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 172Pending

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

AI summary

Makers Laboratories postal ballot to appoint Mr. Saahil Parikh (DIN 00400079) as Non-Executive, Non-Independent Director passed with 99.99% approval. Of 37.91 lakh votes polled (about 64 percent of outstanding shares), only 276 votes were against. Promoters fully backed the resolution with 36.15 lakh shares. The appointment is effective from 11 August 2026.

Likely market impact

Routine board appointment approved by overwhelming majority. No material impact expected on stock or shareholders.