Please find attached hereby press release for appointment of Mr. Akhilesh Kumar Tiwari as Executive Director cum CEO of the company.

External CEO appointedManagement Changes View source PDF Explain this filing

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

+9.3%Reaction day

₹42.00

prior close

₹44.99

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+4.6%+4.6% vs market

Other Textile Products peers, median of 170sector+3.1%+6.1% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 6.1 pts more than its Other Textile Products 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

-2.1

10m

-1.1

15m

-1.8

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.3+4.6+4.6+3.1+6.1

Next day

+10.7+6.3+4.4+4.1+6.6

+21.4+8.1+13.3+5.0+16.4

+21.9+9.1+12.8+5.7+16.2

+28.6+10.0+18.6+6.3+22.2

+21.5+11.3+10.2+7.3+14.2

+14.1+11.0+3.2+6.2+8.0

15d

+9.6+13.3-3.7+7.1+2.5

+17.7+15.3+2.4+8.5+9.2

+7.1+17.0-9.8+8.8-1.6

-6.4+11.4-17.9+2.1-8.5

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 170Pending

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

AI summary

Rudra Ecovation Ltd has appointed Mr. Akhilesh Kumar Tiwari as Executive Director and Chief Executive Officer, effective May 9, 2025. Mr. Tiwari brings over two decades of leadership experience in production, marketing, operations, and business transformation, with prior senior roles at Ganesha Polytex (now Ganesha Ecosphere), Divine Polymer, K.K. Fibres, Shiva Texfabs, and most recently Kashi Vishwanath Textiles. He is a postgraduate in Chemistry and an industrial trainee from IIT Kanpur, known for operational excellence and crisis management. The company is a Ludhiana-based PET waste recycling firm with a 100-acre integrated facility and claims to reduce CO2 emissions by over 1.4 lakh metric tons annually. In his new role, he will lead overall strategy, production efficiency, and brand building.

Likely market impact

The appointment of an experienced external CEO could signal a strategic push for growth and operational scale-up in the recycling business. Shareholders should watch for execution on the leadership's stated focus on expanding into domestic and international markets.