TIDCO nominee Sandhya Venugopal Sharma appointed as Chairperson

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

-0.1%Reaction day

₹98.20

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+0.3% vs market

Petrochemicals peers, median of 12sector-1.1%+1.1% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 1.1 pts more than its Petrochemicals 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

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 12Pending

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AI summary

The Board has appointed Ms. Sandhya Venugopal Sharma, a 1995 batch IAS officer and current Chairperson of TIDCO (the promoter of the company), as an Additional Director in the Non-Executive category and Chairperson of the Board with effect from January 14, 2026. Approval of members will be sought as required under listing rules. The company confirmed she is not debarred by SEBI from holding a directorship.

Likely market impact

Board-level change brings a senior government administrator onto the chair; reaffirms promoter TIDCO's direct representation in the company's leadership.