AGM approves name change and object clause alteration

Corporate Actions View source PDF Explain this filing

Price

Loading chart…

▲ 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

+4.5%Reaction day

₹77.00

prior close

₹83.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+4.7% vs market

Packaging peers, median of 64sector+0.3%+4.3% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 4.3 pts more than its Packaging 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

-5.3

10m

-5.3

15m

-6.2

30m

-5.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.5-0.1+4.7+0.3+4.3

Next day

+3.9+0.7+3.2+0.4+3.5

-2.1+2.3-4.4+0.9-2.9

+3.9+2.2+1.7+0.7+3.2

-1.3+2.6-3.9+0.3-1.6

+1.3+3.9-2.6+2.1-0.8

-0.1+2.7-2.7+0.9-0.9

15d

-5.2-1.2-4.0-2.3-2.9

-3.3-0.2-3.2-1.7-1.6

—————

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 64Pending

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

AI summary

At the 42nd AGM held on 15 September 2026, shareholders approved a change in the company's name and an alteration of the main object clause in the Memorandum of Association. Both changes are subject to approval from requisite authorities. The specific new name and revised object clause details are not disclosed in this filing.

Likely market impact

Corporate identity and business focus may shift pending regulatory clearance. Investors should watch for the new name and revised objectives.