Founder Promoter and Chairman Emeritus K.J. Joseph passes away

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THEJO · price

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

-1.2%Reaction day

₹1924.00

prior close

₹1903.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%-0.0% vs market

Industrial Products peers, median of 125sector-1.1%-0.2% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.2 pts less than its Industrial Products 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

-0.1

10m

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15m

-0.4

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-1.2-0.0-1.1-0.2

Next day

-2.8-1.9-1.0-1.1-1.7

-1.8-1.4-0.3-1.5-0.3

-0.0-0.1+0.1-0.5+0.5

-1.7-1.4-0.3-1.6-0.1

-2.1-1.0-1.1-1.2-0.9

+10.2-0.4+10.6-1.9+12.1

15d

+9.7+3.2+6.5-0.5+10.2

+5.6+4.4+1.2-1.1+6.7

+14.3+4.6+9.7+1.2+13.1

+0.4-3.6+4.0-4.6+5.0

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 125Pending

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

AI summary

Thejo Engineering informed the exchange about the demise of Mr. K.J. Joseph, one of the Founder Promoters and Chairman Emeritus, on 22nd July 2026. He had earlier served as Chairman of the company before being designated Chairman Emeritus from 22nd June 2021. The company acknowledged his visionary leadership and contributions since inception, noting his role in the company's growth and development over the years.

Likely market impact

Loss of a founding figure; succession decisions and any shifts in promoter shareholding or board composition may emerge in coming filings.