Three independent directors cease at Tata Power after completing second term

Management Changes View source PDF Explain this filing

TATAPOWER · 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

₹344.20

prior close

₹345.00

announcement price

After-mkt

timing

Nifty 100market-0.3%+2.7% vs market

Power peers, median of 37sector · industry level+0.4%+2.0% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty 100 and 2.0 pts more than its Power 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

-0.4

10m

-0.0

15m

-0.1

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4-0.3+2.7+0.4+2.0

Next day

+1.6+0.9+0.7-0.3+2.0

+2.8+1.5+1.3-0.8+3.6

+2.3+0.5+1.8-1.4+3.7

+2.3-0.0+2.3-3.8+6.0

+2.7-0.5+3.3-5.8+8.5

-1.7-0.6-1.1-7.6+5.9

15d

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UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

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

AI summary

Three independent directors of Tata Power - Anjali Bansal, Vibha Padalkar, and Sanjay Bhandarkar - ceased to be on the board on October 13, 2026 after finishing their second consecutive terms. Disclosure filed under SEBI Listing Regulations. No reasons beyond term completion were cited.

Likely market impact

Routine end of term, not a resignation. Unlikely to affect stock price; board will need to appoint replacements.