Pricol Limited has informed the Exchange about Resignation of Director/KMP/SMP

Key managerial personnel resignedPromoter family joins the boardManagement Changes View source PDF Explain this filing

PRICOLLTD · price

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

+6.4%Reaction day

₹577.00

prior close

₹605.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%+6.8% vs market

Auto Components & Equipments peers, median of 114sector-0.4%+6.8% vs sector

On the reaction day the stock moved 6.8 pts more than Nifty Microcap 250 and 6.8 pts more than its Auto Components & Equipments 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

+2.8

10m

-1.1

15m

+2.5

30m

+5.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.4-0.4+6.8-0.4+6.8

Next day

-3.0-1.7-1.3-1.8-1.2

-5.6-1.3-4.3-0.8-4.8

-6.8-0.7-6.1-0.8-5.9

-4.0+0.4-4.4+0.1-4.1

-3.5+0.5-3.9+0.2-3.7

-2.5+2.8-5.3+1.7-4.2

15d

-4.9+1.2-6.1-1.7-3.2

+0.9+5.3-4.4+2.0-1.2

+7.0+9.9-2.9+6.7+0.3

+39.8+13.1+26.6+8.5+31.3

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 114Pending

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

AI summary

Vanitha Mohan has resigned as Chairman and Director of Pricol Limited after 35 years with the company, including 9 years as Chairman. She is stepping down during the company's 50th anniversary and at a time when the company is at its highest market cap. The resignation is stated to be for personal reasons to contribute to society. Mr. Vikram Mohan, currently Managing Director and her son, will take over as Chairman. Additionally, Ms. Madhura Mohan (third-generation promoter family member) and Mr. Siddharth Manoharan have been appointed as Group Executive Directors on the board.

Likely market impact

This is a planned leadership transition within the promoter family during a strong financial period. Shareholders may view this positively as Vikram Mohan takes the helm with proven experience, and the board is strengthened with family succession and professional management.