Internal promotion: Bal Krishna Misra appointed as Executive Director

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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

+0.1%Reaction day

₹295.00

prior close

₹307.90

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+0.0% vs market

Residential, Commercial Projects peers, median of 51sector+0.6%-0.6% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.6 pts less than its Residential, Commercial Projects 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

+0.1+0.0+0.0+0.6-0.6

Next day

+5.1-0.0+5.1+0.3+4.8

+0.0-0.2+0.2-0.3+0.3

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15d

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UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 51Pending

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

AI summary

Shervani Industrial Syndicate's board appointed Mr Bal Krishna Misra (DIN 02125239) as Additional Director and Whole time Director designated as Executive Director effective August 6 2026 for a 5 year term. Misra aged about 51 is a Law Graduate and qualified Company Secretary with over 22 years of experience in finance, accounts, corporate laws and governance. He joined the company in 2004 and currently serves as General Manager Finance and Accounts. He holds no other listed entity directorship. The appointment will be placed for member ratification at the upcoming AGM.

Likely market impact

Internal promotion signals board continuity. Misra brings deep institutional knowledge in finance and compliance to the board. Mildly positive for governance.