Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 - Appointment of Senior Management Personnel (SMP)

External CEO appointedManagement Changes View source PDF Explain this filing

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

+0.4%Reaction day

₹270.05

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.2% vs market

Waste Management peers, median of 7sector+0.7%-0.4% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.4 pts less than its Waste Management 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.5-0.2+0.7-0.4

Next day

+0.0+1.2-1.2+1.8-1.8

+2.1+0.9+1.1+1.4+0.7

+2.0+1.3+0.7+0.4+1.6

+0.0+0.6-0.5-1.0+1.0

+2.2+0.3+2.0+0.4+1.9

+0.0-1.1+1.2+0.4-0.4

15d

-3.7-2.6-1.1-3.2-0.5

-3.4-1.9-1.4-6.1+2.8

+0.7-1.0+1.7-16.4+17.1

-6.7-6.7+0.0-21.9+15.2

UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

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

AI summary

Organic Recycling Systems Ltd has appointed Mr. Pankaj Tanwar as the Chief Executive Officer of its Bioenergy Division, effective September 15, 2025. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Mr. Tanwar is an environmental engineer with over 20 years of experience in waste valorisation, resource recovery, and bioenergy, holding an M.Tech in Environmental Engineering from CSIR-NEERI. His expertise spans anaerobic digestion, biogas, Compressed Biogas (CBG), and thermal conversion technologies like gasification and pyrolysis. He has led multiple clean-tech projects from concept to commissioning and has published over 10 papers in international SCI-indexed journals.

Likely market impact

This is a strategic leadership addition to the Bioenergy Division, bringing deep domain expertise that could support the company's growth in CBG and waste-to-energy segments. For shareholders, it signals management's focus on strengthening technical leadership in a core business area, though the near-term stock impact is likely to be neutral.