Announced Mon, 5 Oct, 2026 · 14:31 IST

Executive Director Gagan Goyal ceases on tenure completion, not re-appointed

Management Changes View source PDF Explain this filing

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

-0.5%Reaction day

₹248.00

prior close

₹247.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-0.5% vs market

Iron & Steel Products peers, median of 104sector-0.7%+0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.2 pts more than its Iron & Steel 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

—

10m

-0.0

15m

-2.6

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.0-0.5-0.7+0.2

Next day

-1.2+1.3-2.6+0.2-1.4

-2.1+1.1-3.2+0.0-2.1

-5.2-1.7-3.5-2.1-3.1

+1.0-1.4+2.5-2.0+3.0

+2.0-0.6+2.6-1.7+3.7

+0.4+0.3+0.1-1.2+1.6

15d

+7.0-6.1+13.1-7.5+14.6

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 104Pending

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

AI summary

Mr. Gagan Goyal (DIN-00678938), Executive Director of Suraj Products Limited, has ceased to be a Director with effect from 12 September 2026. The reason given is completion of his tenure and he was not re-appointed. The company has confirmed there are no other material reasons for the cessation beyond the stated reason.

Likely market impact

Routine board change due to end of tenure, not a resignation. No governance red flags raised. Likely neutral to minor impact on the stock.