Re-appointment of Managing Director Mohan Kumar Patodia for 3 years

Management 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

+9.8%Reaction day

₹57.80

prior close

₹63.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+9.6% vs market

Other Textile Products peers, median of 190sector-0.3%+10.0% vs sector

On the reaction day the stock moved 9.6 pts more than Nifty Microcap 250 and 10.0 pts more than its Other Textile Products 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

+1.4

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.8+0.2+9.6-0.3+10.0

Next day

+10.3+0.2+10.1-0.2+10.5

—+0.4—-0.2—

—+0.7—-0.4—

—+0.1—-0.7—

—+0.7—-0.6—

—+1.2—-0.7—

15d

—+0.7—-0.7—

—-1.2—-2.0—

—-1.1—-3.3—

—————

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 190Pending

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

AI summary

PBM Polytex board has approved the re-appointment of Mr. Mohan Kumar Patodia as Managing Director for a fresh 3-year term from 1 April 2027 to 31 March 2030, subject to shareholder approval at the upcoming AGM. He has over 50 years of experience in cotton yarn and textile marketing. His current term runs until 31 March 2027.

Likely market impact

Routine re-appointment ensures leadership continuity. Shareholder approval pending at the AGM.