Postal Ballot result: Nilesh Koul approved as Managing Director

Management Changes View source PDF Explain this filing

PCBL · price

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

+0.3%Reaction day

₹312.50

prior close

₹312.50

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%-0.5% vs market

Chemicals & Petrochemicals peers, median of 189sector · industry level+0.4%-0.0% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Smallcap 250 and in line with its Chemicals & Petrochemicals 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

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10m

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15m

+0.6

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.8-0.5+0.4-0.0

Next day

+1.3+1.2+0.1+0.5+0.8

-0.8+0.4-1.2+0.3-1.2

-1.0-0.3-0.7-0.2-0.7

-0.9-0.4-0.4-0.6-0.3

-1.3+0.9-2.2+0.0-1.3

-1.4+2.3-3.7+1.2-2.6

15d

-4.6+3.6-8.2+0.2-4.8

-10.1-1.0-9.1-3.3-6.8

+0.6-0.1+0.6-4.2+4.7

-12.9-6.1-6.8-12.5-0.4

UpDownMarket · Nifty Smallcap 250Sector · Chemicals & Petrochemicals peers, median of 189Pending

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

AI summary

Shareholders of PCBL Chemical Limited have approved the appointment of Mr. Nilesh Koul (DIN 10963815) as the new Managing Director via postal ballot. The special resolution passed with 94.28 percent votes in favor and 5.72 percent against. Promoter and promoter group voted entirely in favor. Voting window ran from November 12 to December 11, 2025, with 1,191 members casting 24.17 crore shares.

Likely market impact

Leadership transition at the top with strong shareholder backing. New MD to steer strategy and operations going forward.