Announced Wed, 30 Sept, 2026 · 12:50 IST

31st AGM held; director re-appointment and related party transactions approved

Board & Shareholder Meetings View source PDF Explain this filing

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

+8.5%Reaction day

₹9.14

prior close

₹10.53

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+8.8% vs market

Commodity Chemicals peers, median of 61sector-0.2%+8.8% vs sector

On the reaction day the stock moved 8.8 pts more than Nifty Microcap 250 and 8.8 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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StockMarketvs marketSectorvs sector

Reaction day

+8.5-0.3+8.8-0.2+8.8

Next day

+6.5-1.5+8.0-1.1+7.6

+11.5-1.5+13.0-2.4+13.8

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+6.0-0.5+6.5-0.9+7.0

+0.8-3.2+4.0-2.6+3.3

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15d

-20.9-9.5-11.4-7.6-13.3

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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

31st AGM held Sept 30, 2026 in Ahmedabad, chaired by MD Bhawani S Goyal. Three resolutions transacted: adoption of audited FY26 financial statements, re-appointment of director Mr. Parminder Sharma (retiring by rotation), and approval of material related party transactions. E-voting plus ballot paper voting held. Voting results to be declared by Chairman after scrutinizer review. Meeting ran from 10:30 AM to 11:00 AM.

Likely market impact

Routine AGM business completed; voting results awaited. Related party transactions and director re-appointment approved as standard annual compliance.