Stove Kraft appoints ex-TTK Prestige MD Chandru Kalro as Vice Chairperson

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

+1.0%Reaction day

₹773.20

prior close

₹774.00

announcement price

After-mkt

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

Household Appliances peers, median of 23sector-1.0%+2.0% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 2.0 pts more than its Household Appliances 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+1.0-0.3+1.3-1.0+2.0

Next day

+1.1-0.1+1.2-0.9+2.0

+1.3-0.8+2.1-0.8+2.1

+1.2-2.8+4.0-2.9+4.2

+3.2-1.0+4.2-1.6+4.8

+3.5+0.4+3.1-0.8+4.3

-0.3-0.5+0.2-1.3+1.0

15d

+0.8-1.9+2.6-2.0+2.7

-2.6+0.4-3.1+0.2-2.8

+8.9+3.5+5.4-5.7+14.6

+4.4+2.0+2.4-12.2+16.6

UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 23Pending

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

AI summary

Stove Kraft's Board has approved the appointment of Mr. Chandru Kalro as Additional Director (Non-Executive Non-Independent) and designated him as Vice Chairperson, effective July 2, 2026, subject to shareholder approval. Kalro was earlier the Managing Director of TTK Prestige from April 2015 to September 2024 and brings 35+ years of experience in the consumer durables industry. He is an IIM Ahmedabad alumnus and is not related to any existing promoters or directors of the company.

Likely market impact

Brings seasoned consumer durables leadership to the Board. Non-executive role, so no day-to-day impact on operations. Subject to shareholder approval.