M.P. Taparia elected Chairman; will be Chairman and MD

Management Changes View source PDF Explain this filing

SUPREMEIND · price

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

+0.8%Reaction day

₹3888.00

prior close

₹3885.20

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.3%+0.5% vs market

Plastic Products - Industrial peers, median of 38sector+0.3%+0.6% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Midcap 150 and 0.6 pts more than its Plastic Products - Industrial 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

+0.1

10m

+0.1

15m

-0.2

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.3+0.5+0.3+0.6

Next day

+1.2+0.8+0.4+0.2+1.0

-0.3-0.7+0.5+0.1-0.4

+0.2-0.3+0.4+0.3-0.1

+1.2-0.4+1.7-0.4+1.6

+1.9-0.7+2.6-1.2+3.0

+3.0+0.5+2.5-1.6+4.6

15d

+3.7-5.2+8.9-4.7+8.4

+1.9-7.3+9.2-8.9+10.8

-4.0+0.3-4.3-1.6-2.4

-10.0+1.0-11.0-3.3-6.7

UpDownMarket · Nifty Midcap 150Sector · Plastic Products - Industrial peers, median of 38Pending

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

AI summary

Supreme Industries board elected Shri M.P. Taparia, the current Managing Director, as Chairman of the Board and Company effective February 17, 2026. He will now hold both Chairman and Managing Director roles simultaneously. No other board changes were announced.

Likely market impact

Combining Chairman and MD roles in one person concentrates board leadership, which some investors may flag as a governance concern.