Postal ballot: stock split, MOA amendment, director changes

Stock SplitCorporate Actions View source PDF Explain this filing

POCL · 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

+3.6%Reaction day

₹1292.00

prior close

₹1284.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+2.5% vs market

Metals & Mining peers, median of 72sector · sector level+0.1%+3.5% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 3.5 pts more than its Metals & Mining 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

+1.3

10m

+1.5

15m

+1.7

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6+1.1+2.5+0.1+3.5

Next day

+1.9+1.3+0.6-0.4+2.3

+1.1+2.2-1.1-0.1+1.1

-0.2+2.2-2.3-1.7+1.5

-4.8+0.2-5.0-3.7-1.1

-3.8+2.1-5.9-2.7-1.1

-8.3-0.5-7.7-4.9-3.4

15d

+5.4+7.5-2.1-2.0+7.4

+7.7+8.6-0.9-2.6+10.4

—+9.1—-3.9—

—+11.8—-5.3—

UpDownMarket · Nifty Microcap 250Sector · Metals & Mining peers, median of 72Pending

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

AI summary

Pondy Oxides sent postal ballot with four items: stock split changing face value from Rs. 5 to Rs. 2, with each share becoming 2.5 new shares; amendment to MOA capital clause; appointment of Mr. Hemant Jawahar Lal as Independent Director for 5 years; and re-designation of Mr. Ashish Bansal as Chairman and Managing Director with Rs. 3 crore basic salary. E-voting runs June 3 to July 2, 2026.

Likely market impact

Stock split from Rs. 5 to Rs. 2 improves affordability and trading liquidity. Each share becomes 2.5. Outcome pending shareholder e-voting.