Stylam Industries writes off Rs 35.63 lakh investment in Malaysian associate

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STYLAMIND · 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

-1.1%Reaction day

₹2200.00

prior close

₹2190.80

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.1%+1.0% vs market

Plywood Boards/ Laminates peers, median of 11sector-2.2%+1.0% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.0 pts more than its Plywood Boards/ Laminates 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

+0.2

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15m

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30m

-0.3

Sessions after the filingfrom the prior close

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Reaction day

-1.1-2.1+1.0-2.2+1.0

Next day

-0.5-2.0+1.6-1.8+1.3

-0.1-0.0-0.0-0.8+0.8

-0.7-0.4-0.3+1.8-2.5

+0.9+1.4-0.5+2.7-1.8

+0.5+0.1+0.4-0.3+0.8

-0.4+5.2-5.6+1.7-2.1

15d

+0.8+3.7-2.9+0.8-0.0

+0.6+3.5-2.9+1.1-0.5

+0.0-9.4+9.4-17.1+17.1

+2.0+9.0-6.9-2.6+4.6

UpDownMarket · Nifty Microcap 250Sector · Plywood Boards/ Laminates peers, median of 11Pending

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

AI summary

Stylam Industries Board approved writing off its equity investment of Rs 35.63 lakh in Malaysian associate Alca Vstyle Sdn. Bhd. Reason given is continuous losses, erosion of net worth, and non-recoverability. Company says there is no material impact on its financials.

Likely market impact

Minor one-time write-off in loss-making associate. Already reflected in books, so limited impact on stock price.