Savita Oil Technologies Limited has informed the Exchange regarding Demise of Vishal Sood, Executive Director of the company on March 03, 2026.

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

-3.0%Reaction day

₹366.00

prior close

₹356.90

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-2.7%-0.4% vs market

Lubricants peers, median of 5sector-2.1%-0.9% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.9 pts less than its Lubricants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-3.0-2.7-0.4-2.1-0.9

Next day

-1.4-1.6+0.3-0.6-0.8

-3.6-1.7-1.9-2.1-1.5

-5.6-4.3-1.3-3.6-2.0

-3.0-2.1-0.9-0.8-2.2

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-10.5-5.3-5.2-2.3-8.3

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-12.2-3.9-8.4-5.5-6.8

-12.5-3.4-9.0-4.0-8.5

+5.2+11.9-6.7+0.6+4.6

+54.6+14.7+39.9+8.3+46.4

UpDownMarket · Nifty Microcap 250Sector · Lubricants peers, median of 5Pending

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

AI summary

Savita Oil Technologies has informed the exchanges about the sad demise of Mr. Vishal Sood, Executive Director, on Tuesday, 3rd March 2026. Mr. Sood had joined the company as President – Lube Division in June 2021 and was elevated to Executive Director from 27th August 2024. The disclosure is being made under Regulation 30 of SEBI's Listing Regulations. The company has conveyed condolences to his family but has not yet announced a replacement or interim arrangement for the board seat.

Likely market impact

The sudden loss of an Executive Director, especially one heading the Lube Division, creates near-term leadership and strategic uncertainty for the company. Shareholders may see some short-term sentiment pressure until a successor is appointed and continuity of operations is clearly communicated.