CEO change at National Peroxide - Rajiv Arora resigns, Vinay Jayade appointed

Ceo ResignedCeo Appointed ExternalKmp ResignedManagement Changes View source PDF Explain this filing

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

-0.3%Reaction day

₹602.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-0.3% vs market

Commodity Chemicals peers, median of 61sector-0.5%+0.2% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.2 pts more than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

-0.3+0.0-0.3-0.5+0.2

Next day

-2.9+1.3-4.3+0.0-2.9

-3.7+1.1-4.7+0.8-4.5

-6.8-1.7-5.1-1.2-5.6

-2.3-1.4-0.8-0.6-1.7

-2.6-0.6-2.0+0.0-2.6

-2.3+0.3-2.6+0.6-2.9

15d

-18.8pendingpending-4.9-13.8

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UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 61Pending

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

AI summary

National Peroxide Limited announced a CEO change. Mr. Rajiv Arora resigned as Whole-Time Director and CEO for family and personal reasons, effective November 2, 2026. Mr. Vinay Divakar Jayade, a chemical engineering graduate with over 34 years of experience at firms including Reliance Industries, Lanxess, and Cabot Sanmar, has been appointed as the new CEO and Whole-Time Director for 5 years starting November 3, 2026, subject to shareholder approval.

Likely market impact

Sequential leadership transition with an experienced industry veteran taking over as CEO. No governance concerns flagged.