Appointment of Woman Independent Director on Board

Board & Shareholder Meetings View source PDF Explain this filing

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

-1.9%Reaction day

₹0.53

prior close

₹0.53

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%-0.6% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector-0.5%-1.3% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 1.3 pts less than its Non Banking Financial Company (NBFC) 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

-1.9

10m

-3.8

15m

-1.9

30m

-3.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9-1.3-0.6-0.5-1.3

Next day

-1.9-1.3-0.6-0.6-1.3

-3.8+0.0-3.8-0.6-3.2

-1.9-0.2-1.7-1.0-0.9

-3.8-3.0-0.8-2.4-1.4

-7.5-2.7-4.8-1.7-5.8

-5.7-1.7-3.9-0.4-5.3

15d

-15.1-8.9-6.2-5.5-9.6

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

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

AI summary

Mangalam Industrial Finance announced the appointment of Ms. Bhavika Dhaval Makadia as Additional Non-Executive Woman Independent Director at the board meeting held on September 30, 2026. She is a qualified Company Secretary with 4 years of experience, including over 3 years in corporate and secretarial functions. She will hold office till the next Annual General Meeting.

Likely market impact

Routine board change; new independent director appointed until next AGM. Minimal direct impact on shareholders.