Chairman Shri P H Kurian passes away due to illness

Management Changes View source PDF Explain this filing

WIPL · price

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

+0.7%Reaction day

₹163.80

prior close

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announcement price

After-mkt

timing

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

Plywood Boards/ Laminates peers, median of 11sector+1.9%-1.1% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.1 pts less than its Plywood Boards/ Laminates 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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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+0.3+0.4+1.9-1.1

Next day

+0.1+0.6-0.5+1.0-0.9

-1.0-0.4-0.7-0.6-0.5

+0.7-0.9+1.7-0.1+0.9

+0.7-0.3+1.1-0.2+1.0

+2.6+0.3+2.2+0.5+2.1

+2.6+1.3+1.3+1.2+1.4

15d

+1.1-0.1+1.3-0.3+1.5

+1.8-1.2+3.0-1.7+3.5

-4.4-7.7+3.3-9.8+5.4

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UpDownMarket · Nifty Microcap 250Sector · Plywood Boards/ Laminates peers, median of 11Pending

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

AI summary

Shri P H Kurian, Chairman and Non-Executive Independent Director (DIN: 00027596) of The Western India Plywoods Limited, passed away on 26 August 2026 due to illness. The company has informed the stock exchanges. No successor has been named in this filing.

Likely market impact

Loss of Chairman may affect board functioning until a replacement is appointed, causing short-term governance uncertainty for shareholders.