Pondy Oxides & Chemicals Limited has informed the Exchange regarding Demise of Mr Anil Kumar Bansal, Chairman of the company on April 01, 2026.

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Price reaction · full curve 14 horizons · vs prior close

-0.5%1-day move

₹1103.90

prior close

₹1066.90

base price

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+0.2-0.1+0.5+0.2-0.5+0.0+5.7+5.0+8.0+9.5+11.5+24.2+21.2+26.1

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AI summary

Pondy Oxides & Chemicals Limited has informed the stock exchanges about the sudden demise of Mr. Anil Kumar Bansal (DIN: 00232223) on April 1, 2026. He was serving as the Promoter, Chairman and Whole-time Director of the company. The board has expressed deep condolences and acknowledged his invaluable contribution and guidance over the years. The intimation has been filed under Regulation 30 and 31A(6) of SEBI (LODR) Regulations, 2015.

Likely market impact

This is a significant event as the company has lost its promoter, chairman and whole-time director simultaneously, which may create leadership uncertainty in the short term and could affect stock sentiment. Investors should watch for announcements regarding succession planning and board reconstitution.