Reconstitution of Finance and Authorisation Committee

Management Changes View source PDF Explain this filing

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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

-3.8%Reaction day

₹95.97

prior close

₹93.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%-1.2% vs market

Automobiles peers, median of 19sector · industry level-2.1%-1.7% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.7 pts less than its Automobiles 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

+0.5

10m

+0.7

15m

+0.6

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.8-2.6-1.2-2.1-1.7

Next day

-2.6-3.6+1.0-2.8+0.2

-5.1-5.8+0.8-5.4+0.3

-7.3-5.5-1.8-3.9-3.3

+2.1pendingpending-1.5+3.6

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15d

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UpDownMarket · Nifty Microcap 250Sector · Automobiles peers, median of 19Pending

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

AI summary

The Board has reconstituted the Finance and Authorisation Committee via a resolution by circulation passed on 19 October 2026. New composition: Mr. Naveen Philip (Managing Director) as Chairman and Mr. Paul Francis Kuttukaran (Non-Executive Director) as Member.

Likely market impact

Routine internal governance change with no material impact on shareholders or operations.