CS Abhishek Lohia resigns; firm to rename as WEAGRO LIMITED, pivot to agribusiness

Kmp ResignedManagement Changes View source PDF Explain this filing

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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

+5.0%Reaction day

₹57.84

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+5.1% vs market

Other Textile Products peers, median of 191sector+0.0%+5.0% vs sector

On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 5.0 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.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0-0.1+5.1+0.0+5.0

Next day

+8.7+0.3+8.4+0.0+8.7

+6.0+1.6+4.4+0.4+5.6

+11.9+0.1+11.9+0.2+11.7

+9.4+0.3+9.0+0.0+9.4

+14.8-1.2+16.1-0.1+14.9

+12.6-0.5+13.1-0.4+13.1

15d

+8.9-2.2+11.1-2.4+11.3

+5.5-6.6+12.0-4.6+10.0

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 191Pending

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

AI summary

Board on 18 Sep 2026 approved: (1) resignation of CS Abhishek Lohia effective 20 Sep to pursue other opportunities; (2) appointment of Adhitiyan Nagarajan (14+ yrs exp, CS and finance professional) as new CS and Compliance Officer from 21 Sep; (3) company name change from Tejassvi Aaharam Limited to Weagro Limited with new object clause for agribusiness operations; (4) registered office shift within Chennai from 1 Oct 2026; (5) EGM on 15 Oct 2026 via video conference to seek shareholder approval.

Likely market impact

CS transition appears smooth. Rebrand to Weagro Limited signals strategic pivot to agribusiness, subject to shareholder approval at the 15 Oct EGM.