Managing Director Manan Shah resigns effective Sep 30 2026

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

ORIENTCER · price

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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

+1.2%Reaction day

₹47.27

prior close

₹47.38

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.9% vs market

Electrodes & Refractories peers, median of 10sector-0.0%+1.2% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.2 pts more than its Electrodes & Refractories 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

-0.2

10m

-0.1

15m

+0.6

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+0.3+0.9-0.0+1.2

Next day

-3.7-1.3-2.4-1.2-2.5

-3.7-0.3-3.5+1.1-4.9

-4.8-0.6-4.3+0.4-5.2

-5.7-1.8-3.8+0.1-5.8

-8.0-1.8-6.2-1.6-6.4

-9.5-0.8-8.7-1.8-7.7

15d

-10.5-4.1-6.3-5.4-5.1

-19.9-9.4-10.6-9.3-10.6

—————

UpDownMarket · Nifty Microcap 250Sector · Electrodes & Refractories peers, median of 10Pending

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

AI summary

Mr. Manan Shah has resigned as Managing Director of Orient Ceratech Limited, effective from closing business hours of September 30, 2026. He served as MD for over 3 years and is moving to pursue a bigger professional role within the group. He has offered to continue on the Board as Non-Executive Director if the Board considers it fit.

Likely market impact

Senior leadership transition. He may stay on board as Non-Executive Director, offering some continuity. Watch for new MD appointment.