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SUPERSPINNSESuper Spinning Mills Limited· Textiles & ApparelsHighNeutral
Announced Fri, 23 May, 2025 · 17:45 IST

Super Spinning Mills Limited has informed the Exchange about change in Management of Managing Director, Mr Sumanth Ramamurthi has been appointed as Managing Director with the consent of the shareholder at the ensuing Annual General Meeting for a period of 5 years from 01.04.2026

Promoter Family Board EntryManagement Changes View source PDFExplain this filing

SUPERSPIN · 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
-3.7%Reaction day
₹10.40
prior close
₹10.35
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-4.2% vs market
Other Textile Products peers, median of 178sector+0.1%-3.7% vs sector

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 3.7 pts less than its Other Textile Products 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
+1.0
10m
-3.4
15m
-1.3
30m
-1.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-3.7+0.6-4.2+0.1-3.7
Next day
-4.8+0.5-5.3+0.1-4.9
2d
-3.8+0.8-4.7-0.0-3.8
3d
-4.7+1.2-5.9+0.2-4.9
4d
-4.6+1.5-6.1+0.1-4.8
5d
-2.9+1.6-4.4-0.1-2.7
1w
-2.3+1.8-4.1-0.6-1.7
15d
-1.4+3.3-4.7+0.2-1.7
1m
+6.1+3.1+2.9-1.0+7.0
2m
-5.3+2.3-7.6-0.3-5.0
3m
-7.3+0.2-7.5-6.0-1.4
UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 178Pending

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

AI summary

Super Spinning Mills Limited has informed the stock exchange that Mr. Sumanth Ramamurthi has been appointed as the Managing Director of the company. The appointment was approved by shareholders at the Annual General Meeting and will be for a period of 5 years, effective from April 1, 2026. This is a change in top management, with the new MD taking charge at the start of the next fiscal year. The appointment suggests continuity in leadership, given the family name's long association with the company.

Likely market impact

A new Managing Director at the helm could lead to fresh strategic direction or continuity, depending on his background. Shareholders will watch for any shifts in business strategy or capital allocation once he officially takes charge in April 2026.