Whole Time Director Mrinal Sinha resigns from S.A.L. Steel

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

SALSTEEL · price

Loading chart…

▲ 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

+2.0%Reaction day

₹40.97

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+2.5% vs market

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250, 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+2.0-0.5+2.5

Next day

+1.4-1.1+2.5

+1.8-1.8+3.6

+3.8-1.9+5.7

+5.9-0.5+6.4

+8.0-0.3+8.3

+5.2+0.9+4.4

15d

+1.9-4.3+6.2

-4.7-9.3+4.6

+13.5-5.4+18.9

-12.1-13.7+1.6

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

S.A.L. Steel Limited informed the exchanges that Mr. Mrinal Sinha (DIN: 09482143) has resigned as Whole Time Director effective close of business hours on December 23, 2025, citing personal and unavoidable circumstances. His resignation letter was enclosed with the intimation filed under Regulation 30 of SEBI LODR.

Likely market impact

A Key Managerial Personnel exit at a small-cap steel firm; the board will need to fill the WTD vacancy, which could affect operational continuity.