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RESPONINDNSEResponsive Industries Limited· Consumer DurablesHighNeutral
Announced Tue, 26 May, 2026 · 15:07 IST

Responsive Industries Limited has informed the Exchange regarding Appointment of Mr Aayush Agarwal as Chairman of the company w.e.f. May 26, 2026.

RESPONIND · 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
+7.7%Reaction day
₹173.55
prior close
₹181.00
announcement price
In-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%+7.0% vs market
Furniture Home Furnishing peers, median of 7sector-0.4%+8.1% vs sector

On the reaction day the stock moved 7.0 pts more than Nifty Microcap 250 and 8.1 pts more than its Furniture Home Furnishing 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
5m
+1.4
10m
+3.0
15m
+3.4
30m
—
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+7.7+0.7+7.0-0.4+8.1
Next day
+11.4+0.7+10.7-1.1+12.4
2d
+11.9+0.0+11.8-2.4+14.3
3d
+4.4-1.1+5.4-0.3+4.6
4d
+9.0+0.0+8.9-4.0+13.0
5d
+11.0+0.3+10.8-4.6+15.6
1w
+3.9+1.1+2.8-2.1+6.0
15d
+2.6+4.9-2.3-0.6+3.1
1m
+12.4+5.3+7.0-2.4+14.7
2m
+0.8+6.9-6.0-4.5+5.4
3m
-12.4+11.9-24.3-5.2-7.1
UpDownMarket · Nifty Microcap 250Sector · Furniture Home Furnishing peers, median of 7Pending

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

AI summary

Responsive Industries Limited has appointed Mr. Aayush Agarwal as Non-Executive Non-Independent Director and Chairperson of the company effective May 26, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval. Aayush Agarwal holds a BBA degree from the American University in Dubai with approximately 10 years of diversified experience in areas including sales leadership, operational governance, and digital transformation. He is not related to any existing director of the company and is not debarred from holding the office of director.

Likely market impact

This appointment brings new leadership to the Board as Chairman. The appointment is subject to shareholder approval, so no immediate impact is expected until the next general meeting. The appointment of an experienced business leader with operational and digital transformation expertise could be viewed positively by the market.