Independent Director resigns, new Independent Director appointed

Management Changes View source PDF Explain this filing

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

-0.8%Reaction day

₹8.30

prior close

₹8.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-1.7% vs market

Commodity Chemicals peers, median of 59sector+0.6%-1.5% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.5 pts less than its Commodity Chemicals 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

-10.7

10m

-10.7

15m

-10.7

30m

-10.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+0.8-1.7+0.6-1.5

Next day

-1.9+1.0-3.0+0.7-2.6

—+1.7—+1.4—

-8.3+0.1-8.4+0.6-8.9

-8.4+0.8-9.2-0.0-8.4

-4.3-0.9-3.4-1.0-3.3

-1.2-4.5+3.3-4.8+3.6

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 59Pending

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

AI summary

Mrs. Ankita Agarwal resigned as Independent Director effective 09.10.2026 citing personal reasons and pre-occupation. Mrs. Mamta Singh was appointed as Additional Independent Director for 5 years till 08.10.2031. She holds a Master's degree and has over 5 years of experience in business and finance management.

Likely market impact

Routine board reshuffle. One independent director replaced by another. No operational impact expected.