Postal Ballot: Re-appoint CMD, WTD and approve related party transactions

Management Changes View source PDF Explain this filing

MUKANDLTD · price

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

-1.7%Reaction day

₹130.20

prior close

₹130.19

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-0.3% vs market

Iron & Steel Products peers, median of 95sector-0.8%-0.9% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.9 pts less than its Iron & Steel Products 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

-1.7-1.4-0.3-0.8-0.9

Next day

-0.5-1.6+1.0-1.2+0.7

-1.7-1.4-0.3-1.9+0.3

-2.0-2.7+0.7-1.9-0.0

-1.7-2.5+0.8-2.1+0.4

+2.2-2.3+4.4-2.0+4.2

-0.1-5.4+5.4-4.5+4.4

15d

-6.8-10.5+3.7-10.0+3.2

-4.8-10.3+5.5-9.5+4.8

+1.5+1.6-0.2+1.9-0.4

+11.5+3.8+7.8+1.3+10.2

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 95Pending

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

AI summary

Mukand Limited has issued a postal ballot seeking shareholder approval for: re-appointment of Niraj Bajaj as Chairman and Managing Director for 3 years at Rs 2.30 crore annual remuneration, re-appointment of Nirav Bajaj as Whole-Time Director for 3 years at Rs 60 lakh, and material related party transactions worth Rs 5,225 crore for FY 2026-27. E-voting from Feb 20 to Mar 21, 2026; results by Mar 24.

Likely market impact

Routine re-appointments of promoter directors and RPT approvals; business as usual for shareholders.