Announced Tue, 30 Jun · 17:34 IST
UCAL CEO T Jaisankar resigns on health grounds, stays as employee
UCAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹122.32
prior close
₹122.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+2.0—+1.9+2.2-5.0-3.9-4.3-10.1-6.6-2.7———
Up moveDown movePending
AI summary
UCAL Limited informed the Exchange that Mr T Jaisankar has resigned as Chief Executive Officer effective June 30, 2026 due to health reasons. He will however continue as an employee of the company in a role to be decided by the Nomination and Remuneration Committee and Board. No successor has been named yet.
Likely market impact
CEO steps down for health reasons but stays on as employee, so continuity is largely preserved. Investors should watch for the successor announcement.