Announced Mon, 19 Oct, 2026 · 15:28 IST

Board appoints Company Secretary and director; accepts KMP resignation

Kmp ResignedPromoter Family Board EntryManagement Changes View source PDFExplain this filing

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
-3.7%Reaction day
₹36.36
prior close
₹35.00
announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-2.1% vs market
Packaging peers, median of 60sector-1.4%-2.4% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.4 pts less than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

On 19 October 2026, the board appointed Mr. Mukesh Agarwal as Company Secretary and Compliance Officer (KMP) effective the same day. It also appointed Ms. Avantika Himalay Dassani as Additional Non-Executive Non-Independent Director, who is related to Managing Director Himalay Dassani. The board took on record the resignation of CS Nidhi Luharuka effective 17 October 2026.

Likely market impact

Routine governance reshuffle with a promoter family member joining the board and a smooth Company Secretary transition; no major strategic change indicated.