Board reappoints MD and Whole Time Director for 5 years

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

-0.8%Reaction day

₹36.50

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.1% vs market

Other Industrial Products peers, median of 26sector-0.5%-0.4% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.4 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 26Pending

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

AI summary

Siyaram Recycling Industries board on 24 August 2026 approved reappointment of Mr. Bhavesh Ramgopal Maheshwari as Managing Director and Mr. Ramgopal Ochhavlal Maheshwari as Whole Time Director for 5 years each, from 24 Aug 2026 to 23 Aug 2031, subject to shareholder approval. Both continue in their existing roles on expiry of current term. Bhavesh is the son of Ramgopal, confirming promoter family continuity at the top.

Likely market impact

Leadership continuity with promoter family intact. Routine governance move pending shareholder approval; limited stock impact expected.