Board OKs Q1 results, appoints Biswajit Chakraborty as CEO

Management Changes View source PDF Explain this filing

TICL · price

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

-4.0%Reaction day

₹10.05

prior close

₹10.05

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-4.4% vs market

Civil Construction peers, median of 99sector-0.6%-3.4% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 3.4 pts less than its Civil Construction 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-4.0+0.4-4.4-0.6-3.4

Next day

-3.1+0.5-3.6-0.6-2.5

-2.7+0.6-3.3-1.2-1.5

-5.5+0.7-6.2-1.1-4.4

-3.2+1.1-4.3-1.7-1.5

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-6.3+1.3-7.6-1.7-4.5

15d

-18.4+0.5-18.9-2.9-15.5

-33.3-0.8-32.5-5.2-28.1

-22.1-0.9-21.1-9.7-12.4

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

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

AI summary

Board meeting on 11 Aug 2026 approved Q1 FY27 un-audited results (standalone and consolidated), revenue Rs 1104 lakh and net profit Rs 51 lakh. 61st AGM set for 22 September 2026 via video conferencing. Mr Biswajit Chakraborty redesignated from Senior Management Personnel to CEO with immediate effect. Auditor flagged persistent issues at subsidiaries TIPL and TRPL.

Likely market impact

Internal CEO elevation signals continuity. Weak Q1 numbers and subsidiary risks from TRPL arbitration remain investor concerns.