UCAL Limited CEO T. Jaisankar resigns citing health reasons

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

UCAL · price

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

+3.0%Reaction day

₹122.32

prior close

₹122.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+2.8% vs market

Auto Components & Equipments peers, median of 118sector+0.7%+2.3% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 2.3 pts more than its Auto Components & Equipments 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

+2.0

10m

+2.0

15m

+2.0

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0+0.2+2.8+0.7+2.3

Next day

+2.2+1.0+1.2+2.0+0.2

-5.0+0.7-5.7+2.3-7.3

-3.9+0.9-4.8+1.5-5.4

-4.3+0.2-4.5+1.3-5.7

-10.1-1.8-8.2-0.3-9.8

-6.6+1.4-8.0+1.0-7.5

15d

-2.7-0.6-2.1+0.7-3.4

-5.8+1.5-7.2+3.6-9.4

+20.3+4.5+15.8+2.6+17.7

+15.6+3.1+12.5+2.4+13.2

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 118Pending

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

AI summary

Mr. T. Jaisankar has resigned as Chief Executive Officer and Key Managerial Personnel of UCAL Limited with effect from close of business on 30 June 2026, citing health reasons. He will continue as an employee of the company in a role to be decided by the Nomination and Remuneration Committee and the Board. The exit is only from the CEO office and does not end his employment.

Likely market impact

CEO transition due to health reasons, but continuity preserved as employee. Watch for new CEO appointment by the Board.