NACL Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF Explain this filing

NACLIND · price

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

-0.4%Reaction day

₹161.96

prior close

₹164.55

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%-1.9% vs market

Pesticides & Agrochemicals peers, median of 28sector-0.0%-0.4% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 0.4 pts less than its Pesticides & Agrochemicals 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

-1.7

10m

-2.4

15m

-2.6

30m

-2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+1.5-1.9-0.0-0.4

Next day

+3.1+1.4+1.7-0.0+3.1

+6.4+3.0+3.4+1.5+4.9

+12.7+4.6+8.1+1.7+11.0

+10.2+4.5+5.7+1.6+8.7

+5.9+3.0+2.9+0.5+5.4

+2.3+0.6+1.7-0.8+3.1

15d

-2.5+2.9-5.4-1.5-1.0

-5.7+4.1-9.8-6.4+0.7

+37.4+10.5+26.9-4.1+41.5

+11.7+11.6+0.1-5.9+17.5

UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 28Pending

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

AI summary

Mr. Satish Kumar Subudhi has resigned as Sr. Vice President - Legal & Company Secretary (Key Managerial Personnel) effective May 4, 2026, citing personal considerations and intent to pursue other interests. The company has immediately appointed Mr. Rajesh Mukhija as the new Company Secretary and Compliance Officer starting May 5, 2026. Mr. Rajesh Mukhija brings extensive experience including prior roles at Coromandel International Limited, Murugappa Group, Ford Motor Company, and JCB India Limited. Additionally, Mr. Sriniwas C R also resigned as Chief Human Resources Officer on the same date, with Mr. N. R. Vishwanathan appointed as Head - HR & Admin.

Likely market impact

The simultaneous resignation of two senior management personnel (Company Secretary and CHRO) on the same day may raise governance concerns, though the quick appointment of qualified replacements helps maintain operational continuity. Investors should monitor the transition period for any governance gaps.