Re-appointment of MD and Joint MDs, regularization of Nominee and Independent Directors

Promoter family joins the boardManagement Changes View source PDF Explain this filing

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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

-1.7%Reaction day

₹108.74

prior close

₹108.74

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-0.1% vs market

Other Agricultural Products peers, median of 59sector-0.2%-1.5% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 1.5 pts less than its Other Agricultural 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

-1.1

10m

-1.1

15m

-1.3

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-1.6-0.1-0.2-1.5

Next day

-3.3-0.6-2.7-0.9-2.4

-3.7-0.8-2.9-1.8-1.9

-6.0-2.1-3.9-2.2-3.8

-5.0-2.1-2.8-2.3-2.7

-4.0-0.8-3.2-1.1-2.9

-10.5-3.8-6.7-3.2-7.3

15d

-15.9-6.9-9.0-5.8-10.0

-15.6-8.0-7.6-8.2-7.3

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UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 59Pending

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

AI summary

Shareholders at the AGM on Sep 23, 2026 approved the re-appointment of Mr. Gouthamchand Sohanlal Chowdhary as Managing Director and his two sons Mr. Sambhav and Mr. Shreyans as Joint Managing Directors for 5 years each, till Aug 31, 2031. Also regularized Mr. Jacques Guglielmi as Nominee Director of Corn Products Development Inc., and Mr. Niraj Shah as Independent Director for a 3 year term.

Likely market impact

Promoter Chowdhary family retains full top management control. Stable leadership for next 5 years. Strategic investor Corn Products continues board presence.