Announced Fri, 16 Oct, 2026 · 15:29 IST

Independent Director Mrs. Preeti Saxena Passes Away

Management Changes View source PDF Explain this filing

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

+5.1%Reaction day

₹1.18

prior close

₹1.21

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+6.8% vs market

Garments & Apparels peers, median of 43sector-0.9%+6.0% vs sector

On the reaction day the stock moved 6.8 pts more than Nifty Microcap 250 and 6.0 pts more than its Garments & Apparels 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

+0.0

10m

+0.0

15m

+0.0

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.1-1.7+6.8-0.9+6.0

Next day

-2.5-4.2+1.7-4.1+1.6

-5.9-5.2-0.7-4.3-1.6

-5.1-7.4+2.3-6.8+1.7

-1.7-7.0+5.4-6.6+4.9

+4.2-5.5+9.7-5.6+9.8

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15d

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UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 43Pending

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

AI summary

Samtex Fashions informed BSE that Mrs. Preeti Saxena, a Non-Executive Independent Director, passed away suddenly on October 16, 2026. She had been serving on the board since August 30, 2022. The company expressed condolences, noting her significant role in governance. The disclosure was made under SEBI Listing Regulations for cessation of a director. The board will need to fill the independent director vacancy within the timeframe allowed under applicable rules.

Likely market impact

Independent director vacancy must be filled as per SEBI rules. No operational impact expected; only governance composition changes.