Announced Tue, 13 Oct, 2026 · 18:09 IST
Board reshuffle: new MD and Chairperson, promoter share transfer approved
REFRACTORY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.6%1-day move
₹33.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-9.6—————————
Up moveDown movePending
AI summary
Refractory Shapes Limited held a board meeting on October 13, 2026. Mrs. Prajna Shravan Shetty stepped down as MD and Chairperson to become Executive Director. Mr. Dayashankar Krishna Shetty, aged 70, was appointed as new MD and Chairperson, subject to shareholder approval. The board also approved Articles of Association changes, revised remuneration, committee reconstitution, off-market promoter share transfer, and an EGM notice.
Likely market impact
Leadership change with promoter taking charge as MD. EGM called for shareholder approval. Minor stock impact expected.