Three Independent Directors Resign from United Polyfab Gujarat

Multiple Ind Directors ResignedManagement Changes View source PDF Explain this filing

UNITEDPOLY · 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

-1.1%Reaction day

₹49.68

prior close

₹50.98

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-1.3% vs market

Other Textile Products peers, median of 189sector+0.2%-1.4% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.4 pts less than its Other Textile 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

-0.9

10m

-1.7

15m

-2.7

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+0.2-1.3+0.2-1.4

Next day

+4.5+0.9+3.6+0.9+3.6

+4.5-0.8+5.2+0.2+4.2

+4.2-0.1+4.2+0.2+4.0

+8.2-1.7+9.9-0.3+8.5

+0.3-4.3+4.6-2.3+2.6

-1.4-7.5+6.1-4.8+3.4

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 189Pending

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

AI summary

United Polyfab Gujarat informed the exchange that three independent directors - Ms. Payal Jangir, Mr. Rohit Ashokkumar Agarwal, and Mr. Naresh Kumar Mistri - have resigned effective September 29, 2026. All cited personal reasons and confirmed there are no other material reasons. They have also stepped down from all board committees in which they were members or chairpersons.

Likely market impact

Three directors exiting at once may raise governance concerns. Watch for timely new appointments and any management commentary.