Compliance Officer resigns, new Company Secretary appointed from Sep 5

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

SHRIPISTON · 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

-1.1%Reaction day

₹4550.10

prior close

₹4515.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%-1.6% vs market

Auto Components & Equipments peers, median of 123sector-0.4%-0.8% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 0.8 pts less than its Auto Components & Equipments 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

+0.5

10m

+0.4

15m

+0.7

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+0.4-1.6-0.4-0.8

Next day

-2.4+0.9-3.4-0.4-2.0

-1.1+0.8-1.9-0.2-0.9

-2.4+0.6-3.0-0.8-1.6

-4.2+0.7-4.9-0.8-3.4

-5.7-2.6-3.1-2.9-2.9

-4.1-1.9-2.2-2.4-1.7

15d

+3.8-0.6+4.4-2.1+5.9

-3.4-1.0-2.4-2.4-1.0

—————

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 123Pending

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

AI summary

Ms. Nidhi Kandwal resigned as Compliance Officer (KMP), effective end of business Sep 4, 2026. The Board appointed Mr. Nilesh Jain, an ICSI fellow with 26 years of experience across listed steel, tubes and automotive companies, as the new Company Secretary and Compliance Officer from Sep 5, 2026. Change approved at the Sep 4 board meeting.

Likely market impact

Routine KMP succession. New appointee brings 26 years of compliance and governance experience.