BSENational Peroxide LimitedCriticalNegative
Announced Thu, 1 Oct, 2026 · 17:18 IST

CEO Resignation and New CEO Appointment at National Peroxide

Ceo ResignedCeo Appointed ExternalManagement Changes View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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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AI summary

National Peroxide Limited's board accepted the resignation of CEO and Whole-Time Director Mr. Rajiv Arora effective November 2, 2026, citing family and personal reasons. The board appointed Mr. Vinay Divakar Jayade as the new CEO and Whole-Time Director for 5 years starting November 3, 2026, subject to shareholder approval. Mr. Jayade is a chemical engineering graduate with over 34 years of experience in specialty chemicals and polymers, previously leading Cabot Sanmar and ASK Chemicals India.

Likely market impact

Orderly leadership transition with no governance red flags. Awaiting shareholder approval for new CEO appointment.