Nilkamal Limited has informed the Exchange regarding Demise of Mr. Vamanrai V. Parekh, Chairman Emeritus of the company on May 02, 2025.

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NILKAMAL · price

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

+2.1%Reaction day

₹1585.00

prior close

₹1607.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%+0.6% vs market

Plastic Products - Consumer peers, median of 5sector+4.6%-2.5% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 2.5 pts less than its Plastic Products - Consumer 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

-0.3

10m

-0.6

15m

-0.6

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1+1.5+0.6+4.6-2.5

Next day

+1.0-1.2+2.2+0.3+0.7

+1.3+0.1+1.2+3.9-2.6

-0.6-0.8+0.2+1.9-2.5

-0.6-0.9+0.3+6.7-7.3

+3.8+3.7+0.1+9.0-5.2

+6.1+7.1-1.0+10.7-4.6

15d

+12.6+11.2+1.4+16.9-4.3

+9.5+13.2-3.7+15.3-5.8

+10.1+15.5-5.4+13.8-3.7

+1.3+12.7-11.5+8.2-6.9

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Consumer peers, median of 5Pending

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

AI summary

Nilkamal Limited has informed the stock exchanges about the passing of Mr. Vamanrai V. Parekh, Chairman Emeritus and Co-founder of the company, on May 2, 2025. The company described his death as sudden and unexpected. Mr. Parekh was one of the founders of Nilkamal and played a key role in building the brand through his leadership and guidance. The board and employees have expressed condolences to his family. The disclosure has been made under SEBI Listing Regulations.

Likely market impact

The loss of a co-founder and Chairman Emeritus is a sentimental blow but is unlikely to affect day-to-day operations since he held an honorary, non-executive role. Shareholders may see a short-term emotional reaction in the stock, but there is no immediate change to the company's strategy or leadership structure.