Announced Wed, 24 Jun · 11:54 IST
Board approves Chairman redesignation, Ind Director changes, and LLP exit
Management Changes View source PDF
SHBAJRG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹190.01
prior close
₹195.98
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-2.5-2.3+1.5+2.1-0.5+2.1+7.3-5.5-3.2——
Up moveDown movePending
AI summary
Shri Bajrang Alliance's board on 24 June 2026: (1) redesignated Anand Goel as Chairman and MD after Narendra Goel resigned as Chairman; (2) noted Rakesh Kumar Mehra's tenure as Independent Director ends 28 June; (3) re-appointed Anshul Dave as Independent Director for a second 5-year term from 13 August, subject to shareholder approval; (4) approved exiting its entire partnership in Shri Bajrang Chemical Distillery LLP.
Likely market impact
Leadership reshuffle plus exit from chemical distillery JV. Anand Goel doubles as Chairman and MD ensuring smooth transition. Operational impact likely limited.