Postal ballot for director appointments after Managing Director resignation

Ceo ResignedKmp ResignedPromoter Family Board EntryManagement Changes View source PDF Explain this filing

NCLIND · price

Loading chart…

▲ 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

+0.8%Reaction day

₹199.48

prior close

₹198.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+1.4% vs market

Cement & Cement Products peers, median of 35sector-0.7%+1.5% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.5 pts more than its Cement & Cement Products 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

+0.7

10m

+0.1

15m

+0.4

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8-0.6+1.4-0.7+1.5

Next day

+0.7-1.5+2.2-1.4+2.1

-0.7-1.8+1.1-2.4+1.7

-0.7-0.6-0.2-0.7-0.1

-2.0+0.8-2.8-0.7-1.4

-0.3+0.8-1.1-0.4+0.1

-0.8-0.2-0.6-0.3-0.5

15d

+5.8+1.1+4.7+1.0+4.8

+0.3-3.5+3.8+0.2+0.0

-5.8-3.2-2.5-2.7-3.0

-13.3-12.8-0.5-14.7+1.5

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 35Pending

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

AI summary

NCL Industries is seeking shareholder approval via postal ballot for three director appointments. Mr. K Ravi is being elevated from Executive Vice Chairman to Vice Chairman and Managing Director for five years, following the resignation of Mr. Gautam Kalidindi as Managing Director effective December 2, 2025. Mr. Gautam will continue on the board as Non-Executive Director. Mrs. Roopa Bhupatiraju, daughter of Mr. K Ravi and member of the promoter family, is being inducted as Non-Executive Director. E-voting runs from December 20, 2025 to January 18, 2026.

Likely market impact

Top-level leadership transition: MD resigned, promoter K Ravi elevated to VC and MD, promoter family member joins board. Subject to shareholder vote.