Gurumurthy Ramanathan appointed non-executive chairperson

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

+0.5%Reaction day

₹250.50

prior close

₹250.45

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%-0.8% vs market

Investment Company peers, median of 60sector+0.6%-0.1% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.1 pts less than its Investment Company 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

+0.2

10m

-0.1

15m

-0.2

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+1.3-0.8+0.6-0.1

Next day

-0.2+1.0-1.2+0.5-0.6

-0.0+0.8-0.8-0.0+0.0

-0.4+0.5-0.9-0.8+0.4

+1.8+0.7+1.1-0.2+2.0

+5.4+1.4+4.0-0.3+5.7

+2.6-0.3+2.9-2.7+5.3

15d

+4.6+2.4+2.2+1.8+2.8

+6.3+3.6+2.7+0.3+6.0

-5.9-1.6-4.3-7.0+1.1

+4.6-1.5+6.1-6.3+10.9

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 60Pending

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

AI summary

The Board appointed non-executive and non-independent director Gurumurthy Ramanathan as Chairperson from October 1 to December 31, 2025. This follows the completion of Malay Kumar Sinha's term on September 30 and continues the Company's quarterly rotational chairperson arrangement.

Likely market impact

This is a routine quarterly leadership rotation with no stated change to operations, earnings or capital allocation; the likely stock impact is neutral.