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SHEKHAWATIBSESHEKHAWATI INDUSTRIES LTDHighNegative
Announced Tue, 15 Sept, 2026 · 16:33 IST

Board updates at Shekhawati: new ED, WTD exit, promoter reclassified

Key managerial personnel resignedPromoter family joins the boardManagement Changes View source PDFExplain this filing

SHEKHAWATI · 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
+4.8%Reaction day
₹20.32
prior close
₹20.70
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+5.0% vs market

On the reaction day the stock moved 5.0 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
5m
+2.4
10m
+2.4
15m
+2.8
30m
-1.4
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
+4.8-0.1+5.0
Next day
+3.7+0.7+3.0
2d
+7.5+2.3+5.2
3d
+11.0+2.2+8.8
4d
+16.5+2.6+13.9
5d
+22.3+3.9+18.4
1w
+34.8+2.7+32.1
15d
+20.7-1.2+21.9
1m
+10.5-0.2+10.7
2m
———
3m
———
UpDownMarket · Nifty Microcap 250Pending

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

AI summary

On 15 Sep 2026, board appointed Mr. Shrey Mukesh Ruia as Executive Director for 5 years. He is a relative of the CMD and brings textile industry experience. Mr. Ravi Sanjay Jogi resigned as Whole Time Director due to personal reasons. Board also approved reclassifying Altius Buildcon Pvt Ltd from Promoter to Public category, subject to stock exchange approval. Altius holds only 5 shares, 0.00 percent.

Likely market impact

Leadership change with family member joining board. Outgoing promoter stake is negligible, so minimal effect on shareholding pattern.