N R Agarwal Industries appoints Makarand Barhanpurkar as Director Operations

Management Changes View source PDF Explain this filing

NRAIL · price

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

+9.5%Reaction day

₹697.60

prior close

₹707.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+9.3% vs market

Paper & Paper Products peers, median of 38sector-0.6%+10.2% vs sector

On the reaction day the stock moved 9.3 pts more than Nifty Microcap 250 and 10.2 pts more than its Paper & Paper 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

+2.4

10m

+2.0

15m

+2.6

30m

+2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.5+0.2+9.3-0.6+10.2

Next day

+11.8+0.9+10.9+0.7+11.1

+8.5-0.8+9.3+0.0+8.5

+4.2-0.1+4.3+0.0+4.2

+2.4-1.7+4.1-0.2+2.6

-0.4-4.3+3.9-3.2+2.8

-4.8-7.5+2.7-6.1+1.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 38Pending

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

AI summary

N R Agarwal Industries has appointed Mr Makarand P Barhanpurkar as Senior Managerial Personnel (Director - Operations & Project), effective October 12, 2026. He is a mechanical engineer with over 36 years of experience in the pulp, paperboard and specialty paper industry, formerly Executive Vice President Manufacturing and Projects at ITC Limited's Paperboards and Specialty Papers Division.

Likely market impact

Senior hire from ITC's paperboards division with 36 years of experience could strengthen operations and project execution capabilities.