R V Ravikumar and Badrinath S Gandhi reappointed for three years

Management Changes View source PDF Explain this filing

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

-1.1%Reaction day

₹29.60

prior close

₹29.56

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.5% vs market

Breweries & Distilleries peers, median of 24sector+0.2%-1.3% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.3 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Breweries & Distilleries peers, median of 24Pending

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

AI summary

At the AGM on 19 September 2025, shareholders approved the reappointment of R V Ravikumar as Managing Director and Badrinath S Gandhi as Whole-time Director. Both terms run for three years from 1 April 2026. The exchange filing states that neither director is debarred from holding office.

Likely market impact

The appointments support management continuity, with no immediate change to operations or earnings disclosed.