Whole-Time Director Mr. Gajanand Saraf passes away

Management Changes View source PDF Explain this filing

Price

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

-2.3%Reaction day

₹69.60

prior close

₹69.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.5%-4.8% vs market

Industrial Gases peers, median of 5sector+3.8%-6.1% vs sector

On the reaction day the stock moved 4.8 pts less than Nifty Microcap 250 and 6.1 pts less than its Industrial Gases 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

+5.2

10m

+5.2

15m

+5.2

30m

+5.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3+2.5-4.8+3.8-6.1

Next day

-0.9+3.7-4.6+5.5-6.4

+0.6+5.0-4.4+6.0-5.4

-2.3+4.4-6.7+3.6-5.9

-2.9+5.5-8.4+6.4-9.2

-2.6+6.9-9.4+4.7-7.3

-3.6+5.1-8.7+8.5-12.1

15d

+17.3+12.0+5.3+8.7+8.6

+12.1+7.6+4.5+5.2+6.9

-0.8+13.7-14.5+16.7-17.6

-12.4+18.7-31.0+23.7-36.0

UpDownMarket · Nifty Microcap 250Sector · Industrial Gases peers, median of 5Pending

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

AI summary

National Oxygen Ltd has informed BSE about the demise of Mr. Gajanand Saraf (DIN: 00007320), Whole-Time Director, on 06.04.2026. The company acknowledged his vast experience, wisdom, and exemplary leadership during his tenure and expressed condolences to his family. The disclosure was filed under Regulation 30 of SEBI Listing Regulations, with required details in Annexure-1.

Likely market impact

Loss of a key board member. Company will need to fill the WTD position, which may cause short-term governance uncertainty.