Saurashtra Cement appoints Anurag Tiwari as MD-Designate

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

SAURASHCEM · 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

+3.0%Reaction day

₹49.39

prior close

₹49.29

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+2.8% vs market

Cement & Cement Products peers, median of 35sector+0.4%+2.6% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 2.6 pts more than its Cement & Cement 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

+0.4

10m

+0.4

15m

+0.4

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0+0.2+2.8+0.4+2.6

Next day

+3.1+0.9+2.2+0.3+2.8

+1.7-0.8+2.5+0.9+0.9

+2.2-0.1+2.3+2.0+0.3

-0.6-1.7+1.1+0.4-1.1

-2.8-4.3+1.5-0.7-2.1

-7.9-7.5-0.4-3.8-4.1

15d

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UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 35Pending

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

AI summary

Saurashtra Cement's Board approved the appointment of Mr. Anurag Tiwari as Managing Director Designate, a Senior Management Personnel role, effective 16 October 2026, based on NRC recommendation. He is not related to any Director or Promoter. With 29 years of experience across L&T, Siemens, UltraTech Cement, Vedanta, and SAR Group, he specialises in turning around underperforming businesses.

Likely market impact

External MD-Designate appointment signals planned succession with turnaround expertise from UltraTech and Vedanta. Likely positive for investors.