Re-appointment of two Whole Time Directors approved at 39th AGM

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

-5.0%Reaction day

₹14.80

prior close

₹14.06

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-4.7% vs market

Iron & Steel Products peers, median of 110sector-0.0%-5.0% vs sector

On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 5.0 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.

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 110Pending

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

AI summary

At the 39th AGM on 28 Sep 2026, shareholders approved re-appointment of Mrs. Sandeep Kaur Ahluwalia as Whole Time Director for 3 years from 01 Oct 2026, and Mr. Roopinder Singh as Chairman cum Executive Director (WTD) for 3 years from 01 Jul 2026. Both are existing directors being continued in their roles.

Likely market impact

Routine board re-appointments with no change in management or control. Neutral for shareholders.