Board at its meeting held on 07.08.2025 fixed the book closure dates from 23.09.2025 to 29.09.2025 (both days inclusive) for the purposes of AGM.

Management Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

-11.6%Reaction day

₹158.00

prior close

₹145.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-11.3% vs market

Industrial Minerals peers, median of 12sector-0.1%-11.5% vs sector

On the reaction day the stock moved 11.3 pts less than Nifty Microcap 250 and 11.5 pts less than its Industrial Minerals 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

-0.7

10m

-3.7

15m

-3.7

30m

-3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-11.6-0.3-11.3-0.1-11.5

Next day

-20.4-1.2-19.3-1.4-19.0

-27.2-1.0-26.3-0.5-26.7

-22.8-1.0-21.9-1.1-21.7

-21.8-0.3-21.5-0.6-21.3

-22.4-1.1-21.3-1.9-20.5

-24.2+1.6-25.8-0.2-24.0

15d

-29.7-0.2-29.4-1.6-28.1

-27.8+1.4-29.2+2.8-30.7

-43.1+0.2-43.3+1.2-44.3

-22.2+0.9-23.0+0.4-22.5

UpDownMarket · Nifty Microcap 250Sector · Industrial Minerals peers, median of 12Pending

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

AI summary

The board, at its meeting on 7 August 2025, approved the unaudited financial results for the quarter ended 30 June 2025. Revenue from operations stood at Rs 21.70 lakh against Rs 27.40 lakh in the year-ago quarter, while total income came in at Rs 32.45 lakh (vs Rs 33.18 lakh). The company reported a loss before tax of Rs 9.86 lakh versus a loss of Rs 6.92 lakh in Q1FY25, translating to an EPS of Rs (0.33). The board also re-appointed Mr. N Ravi Prasad as Managing Director & CEO for 3 years effective 13 November 2025, and Mr. N Rajender Prasad as Joint Managing Director & CFO for 3 years effective 10 August 2025 – both are promoter directors and their re-appointments are subject to shareholder approval. The 39th AGM is scheduled for 29 September 2025 via video conferencing, with book closure from 23 September to 29 September 2025.

Likely market impact

Weak quarterly performance with rising losses and declining operating revenue signals continued operational stress, likely to weigh on the stock. Continuity of promoter-led leadership through the re-appointments provides some stability, but shareholders will need to approve both at the upcoming AGM. The book closure window means investors must hold shares by 22 September 2025 to be eligible for the AGM and any declared benefits.