Re-appointment of Mr. N Ravi Prasad as Managing Director & CEO and Re-appointment of Mr. N Rajender Prasad as Joint Managing Director & CFO

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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

+0.0

10m

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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

Southern Magnesium & Chemicals' board, at its meeting on August 7, 2025, approved unaudited results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose sharply to Rs 81.12 lakhs from Rs 29.36 lakhs a year ago, but the company slipped into a loss of Rs 9.86 lakhs (vs a profit of Rs 5.93 lakhs in Q1 FY25), with EPS at Rs (0.33). The board also approved the re-appointment of promoter Mr. N Ravi Prasad as Managing Director & CEO for 3 years from November 13, 2025, and promoter Mr. N Rajender Prasad as Joint Managing Director & CFO for 3 years from August 10, 2025 — both subject to shareholder approval at the 39th AGM on September 29, 2025.

Likely market impact

Continuity at the top with promoter-family leadership being renewed signals stability, but the swing to a quarterly loss despite higher revenue may concern shareholders. No immediate price catalyst expected from re-appointments; focus shifts to shareholder vote and AGM.