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SSWLNSESteel Strips Wheels Limited· Auto ComponentsHighNegative
Announced Wed, 3 Jun, 2026 · 17:14 IST

Deputy Managing Director Mohan Joshi resigns from Steel Strips Wheels

Kmp ResignedManagement Changes View source PDFExplain this filing

SSWL · 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
+5.5%Reaction day
₹217.00
prior close
₹217.80
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+4.7% vs market
Auto Components & Equipments peers, median of 116sector+0.1%+5.5% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.5 pts more than its Auto Components & Equipments 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
5m
+0.1
10m
+0.7
15m
+0.5
30m
+0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+5.5+0.9+4.7+0.1+5.5
Next day
+4.7+0.9+3.8+0.0+4.7
2d
+2.3-1.1+3.5-2.0+4.4
3d
+8.3+0.7+7.6-0.5+8.8
4d
+5.3-0.7+6.0-1.0+6.3
5d
+3.8-1.8+5.6-1.8+5.6
1w
+9.2+2.9+6.3+2.0+7.2
15d
+6.1+5.3+0.7+4.0+2.1
1m
+13.6+7.1+6.5+5.5+8.1
2m
+45.7+8.2+37.5+9.1+36.5
3m
+66.3+11.7+54.6+7.3+59.0
UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 116Pending

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

AI summary

Steel Strips Wheels informed the exchanges that Mr Mohan Joshi, Deputy Managing Director (Executive Director), has resigned effective close of business hours on June 3, 2026. The reason cited is personal health and family commitments. He will also step down from the Audit, CSR and Sustainability, Risk Management, and Finance Committees, and cease to be a Key Managerial Personnel of the company.

Likely market impact

Loss of a key executive and KMP due to personal health reasons. No governance concerns flagged. May cause short-term leadership uncertainty.