Independent Director and Chairperson ceases after completing second term

Management Changes View source PDF Explain this filing

Price

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

+1.1%Reaction day

₹103.90

prior close

₹101.01

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-0.3% vs market

Other Textile Products peers, median of 182sector+0.7%+0.3% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.3 pts more than its Other Textile Products 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

+2.8

10m

+2.8

15m

+2.8

30m

+2.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+1.3-0.3+0.7+0.3

Next day

-4.6+0.0-4.7+0.0-4.6

-8.3+0.5-8.8+0.3-8.6

-5.7-0.1-5.6-0.3-5.4

-5.3+1.0-6.4-0.1-5.2

-3.1+2.4-5.5+1.0-4.1

-4.7+4.1-8.8+1.3-6.0

15d

-12.7+5.1-17.8+0.0-12.8

-5.7+5.8-11.5+1.0-6.7

-8.5+4.5-13.0-0.2-8.3

-7.6-2.4-5.2-4.9-2.7

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 182Pending

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

AI summary

Mr. Amarendra Mohapatra has ceased to be Non-Executive Independent Director and Chairperson of Sky Industries after completing his second consecutive term, effective close of business on July 26, 2026. He also stepped off the Audit, Nomination and Remuneration, Stakeholders Relationship, and CSR committees.

Likely market impact

Routine end-of-tenure event. No governance concerns flagged. Board must appoint a new Independent Director and Chairperson to fill the vacancy.