OUTCOME OF BOARD MEETING

Pat NegativeRevenue Growth 20pctResults 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

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₹20.00

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.0%+0.0% vs market

Packaging peers, median of 62sector-0.4%+0.4% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.4 pts more 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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Reaction day

+0.0-0.0+0.0-0.4+0.4

Next day

+5.0-0.7+5.7-0.9+5.9

+10.3-1.8+12.0-1.6+11.8

+15.0-0.7+15.7-1.6+16.6

+20.8-0.5+21.2-2.4+23.2

+20.0+0.4+19.6-2.0+22.0

+22.5-1.6+24.1-3.0+25.5

15d

+15.0+4.6+10.4-0.4+15.4

+15.0+4.6+10.4-2.1+17.1

+56.1+6.1+50.0+0.0+56.1

+92.4+10.8+81.6+0.3+92.1

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 62Pending

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

AI summary

The company reported a net loss of Rs. 44.99 lakhs for FY 2025-26, a sharp reversal from a profit of Rs. 62.84 lakhs in the previous year. Revenue from operations was Rs. 234.99 lakhs with total income of Rs. 279.26 lakhs. Total expenses rose significantly to Rs. 308.11 lakhs. The auditors issued an unmodified (clean) opinion on the financial statements. Three Independent Directors – Mrs. Shakuntla Panna Dassani, Mr. Rajkishan Shamboonarayan Singh, and Mrs. Rajeshwari Kiran Kulkarni – resigned from the board effective 26th May 2026, citing other preoccupations and time-bound commitments.

Likely market impact

The company swung from profit to loss in one year, indicating deteriorating financial performance. The resignation of all three independent directors raises governance concerns and may signal instability in board oversight. The stock could face negative sentiment due to the loss and board-level changes.