Pricol Limited has informed the Exchange regarding Resignation of Mrs Mrs.Vanitha Mohan as Chairman of the company w.e.f. May 14, 2026.

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

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Sessions after the filingfrom the prior close

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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

Pricol Limited announced a leadership transition effective 14 May 2026. Mrs. Vanitha Mohan stepped down as Chairman and Director after 35 years with the company and 9 years as Chairman, citing personal reasons and no governance concerns. Mr. Vikram Mohan, previously Managing Director, has been appointed Chairman & Managing Director. Two new Executive Directors were appointed — Ms. Madhura Mohan (promoter family member, third generation) and Mr. Siddharth Manoharan (Group Executive Director), both subject to shareholder approval at the ensuing AGM. Separately, the Board approved an additional corporate guarantee of up to ₹150 crore for its wholly-owned subsidiary Pricol Precision Products Private Limited. The company also reported FY26 consolidated revenue of ₹3,963.85 crore (up 51.24% YoY) and PAT of ₹250.80 crore (up ~50% YoY).

Likely market impact

The transition appears smooth and family succession–driven, with Vanitha Mohan confirming no issues and the company reporting record financials. While the leadership change carries medium-term governance and strategic implications, the absence of any stated disputes and strong fundamentals likely limit near-term stock pressure.