Clarification to announcement filed on 13th of April 2026

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

+1.5%Reaction day

₹68.99

prior close

₹70.00

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.2%+0.3% vs market

Industrial Gases peers, median of 5sector+0.2%+1.3% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 1.3 pts more than its Industrial Gases peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

-1.4+0.6-2.0-2.0+0.6

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+2.9+11.4-8.5+10.7-7.8

-15.1+12.6-27.7+13.3-28.4

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AI summary

National Oxygen Ltd has disclosed the death of Mr. Gajanand Saraf (DIN: 00007320), Whole-Time Director of the company, who passed away on 6th April 2026. This filing dated 17th April 2026 is a clarification to the original announcement filed on 13th April 2026. Mr. Gajanand Saraf was associated with the company for a significant period and the board acknowledged his vast experience, wisdom, and exemplary leadership during his tenure. The company expressed condolences to his family members. Rajesh Kumar Saraf continues as Managing Director of the company.

Likely market impact

The death of a Whole-Time Director may create a leadership gap in the company's operations. Shareholders should monitor for announcements regarding appointment of a replacement director to fill the vacancy left by Mr. Gajanand Saraf.