Promoter demise; name to be removed from promoter group

Ownership Changes View source PDF Explain this filing

MINALIND · 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

-2.0%Reaction day

₹5.05

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-2.4% vs market

Trading & Distributors peers, median of 137sector-0.4%-1.5% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 1.5 pts less than its Trading & Distributors 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0+0.4-2.4-0.4-1.5

Next day

-3.8+1.7-5.5+0.0-3.8

-5.5+0.2-5.7-0.1-5.5

-7.3+0.5-7.8-0.5-6.9

-9.1-1.1-8.0-1.3-7.8

-10.9-0.1-10.8-2.0-8.9

-14.3-1.6-12.6-2.4-11.8

15d

-26.3-1.4-25.0-3.1-23.2

-32.7-7.4-25.3-5.4-27.3

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 137Pending

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

AI summary

Mr. Jesingbhai Badarmal Parikh, a promoter of Minal Industries, has passed away. His name will be removed from the company Promoter and Promoter Group category from 21 September 2026, per SEBI LODR rules. Managing Director Shrikant J. Parikh continues to lead the company. Succession of the deceased promoter holdings will be governed by applicable inheritance laws.

Likely market impact

Promoter group composition changes due to demise; succession of holdings to be determined by law. No immediate operational impact.