Board approves Indore property sale; Independent Director retires

Strategic Transactions View source PDF Explain this filing

Price

Loading chart…

▲ 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

-3.3%Reaction day

₹122.00

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-3.3% vs market

Other Food Products peers, median of 26sector+0.1%-3.4% vs sector

On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 3.4 pts less than its Other Food 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.3+0.0-3.3+0.1-3.4

Next day

-1.6+1.3-3.0+2.5-4.1

-2.9+1.1-3.9+0.9-3.8

-6.5-1.7-4.8+0.9-7.4

-7.3-1.4-5.8+1.3-8.5

-4.1-0.6-3.5+1.7-5.8

-1.8+0.3-2.1+3.0-4.8

15d

-3.0-6.1+3.1-0.4-2.5

—————

UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 26Pending

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

AI summary

Board approved the sale of an immovable property at 181, Jaora Compound, Indore. No sale agreement has been signed yet and no buyer or consideration details have been disclosed. The property contributed nothing to last year's turnover or net worth, and the deal is not a slump sale or part of any scheme. Separately, Independent Director Mr. Ramesh Agrawal retired after completing two consecutive 5-year terms on 30 Sep 2026.

Likely market impact

Minor non-core property disposal and a routine director exit. Likely neutral for shareholders.