New Independent Director appointed, existing one continues

Management Changes View source PDF Explain this filing

SURYALA · 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

+2.4%Reaction day

₹378.00

prior close

₹392.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+3.3% vs market

Other Textile Products peers, median of 190sector-0.5%+2.9% vs sector

On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 2.9 pts more 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

+0.0

10m

-1.5

15m

-1.5

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4-1.0+3.3-0.5+2.9

Next day

+10.3-1.5+11.8-0.5+10.8

+8.5-0.9+9.4-0.7+9.2

+9.8-0.3+10.1+0.2+9.6

+11.9+0.1+11.8+0.0+11.9

+8.5+0.7+7.8-0.0+8.5

+5.3+0.3+5.0-0.9+6.2

15d

+5.8+1.0+4.9-2.2+8.0

-0.1-2.4+2.2-4.5+4.4

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 190Pending

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

AI summary

Suryalata Spinning Mills informed BSE that Sri. Gautam Damodar Sawang (DIN: 11219711) was appointed as an Additional Non-Executive Independent Director for 5 years, from May 25, 2026 to May 24, 2031. His appointment was approved by members at the AGM on August 24, 2026. Additionally, existing Non-Executive Independent Director Sri. Meka Yugandhar (DIN: 00012265) will continue in his role until June 28, 2029, with his continuation also approved at the same AGM.

Likely market impact

Routine board composition update; strengthens independent oversight with no material change to operations or shareholder value.