Please find enclosed the letter of clarification in response to your e-mail dated 18/08/2025

Cfo ResignedManagement Changes View source PDF Explain this filing

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

-4.4%Reaction day

₹17.00

prior close

₹15.66

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-5.6% vs market

Packaging peers, median of 61sector+0.8%-5.2% vs sector

On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 5.2 pts less than its Packaging 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

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.4+1.2-5.6+0.8-5.2

Next day

-4.4+1.1-5.5+0.6-5.0

+3.8+1.4+2.4+0.4+3.4

+3.8+0.8+3.0+0.1+3.7

-2.9+0.7-3.6+0.5-3.5

+1.5-1.1+2.5-0.7+2.1

-8.5-1.9-6.6-0.6-7.9

15d

+0.1+1.6-1.5+1.0-1.0

+25.9+3.5+22.5+2.5+23.4

+22.1+0.7+21.4+0.4+21.6

+9.7+0.2+9.5+0.3+9.5

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 61Pending

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

AI summary

Pankaj Polymers has written to BSE clarifying the timeline of CFO Mr. T. Brahmaiah's resignation. Mr. Brahmaiah resigned via his letter dated 06.08.2025, and the Board accepted it the same day, relieving him from services with effect from 15.08.2025. The company states that the initial intimation under SEBI LODR was filed within the mandated 12-hour window, and the resignation details along with the resignation letter were submitted on 18.08.2025, within the 7-day window from the relieving date. The company asserts that there was no delay in any of the filings with the Exchange.

Likely market impact

The announcement confirms the departure of the Chief Financial Officer, which is a key managerial personnel change. Shareholders should note the leadership transition at the finance function, though the company maintains full regulatory compliance in reporting it.