Postal ballot for director re-appointments and CFO pay hike

Management Changes View source PDF Explain this filing

VAISHALI · 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

+2.6%Reaction day

₹7.00

prior close

₹7.19

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+2.3% vs market

Pharmaceuticals peers, median of 163sector-0.0%+2.6% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.6 pts more than its Pharmaceuticals 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

-0.6

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6+0.2+2.3-0.0+2.6

Next day

+2.4+1.1+1.3+0.2+2.2

+2.1+1.1+1.1+0.5+1.6

+4.3-0.9+5.2-0.2+4.5

+3.6+1.0+2.6+0.7+2.8

+4.1-0.5+4.6+0.1+4.1

+2.4+1.4+1.1+0.8+1.6

15d

+5.6+6.2-0.7+4.4+1.1

+4.3+7.1-2.8+6.5-2.2

+10.0+8.0+2.0+6.3+3.7

+19.7+11.2+8.5+7.9+11.8

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 163Pending

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

AI summary

Vaishali Pharma postal ballot (4 June to 3 July 2026) seeks shareholder approval to: re-appoint Mr. Pratik Jakhelia as Independent Director for 5 more years; re-appoint Mr. Atul Vasani as Managing Director for 5 years with pay raised from Rs. 84 lakh to Rs. 96 lakh; re-appoint Mrs. Jagruti Vasani as Whole-Time Director at Rs. 30 lakh; and raise CFO Mr. Dewansh Vasani's pay from Rs. 18 lakh to Rs. 24 lakh. Results by 7 July 2026.

Likely market impact

Routine re-appointments and moderate pay hikes for promoter family directors; watch results of postal ballot for shareholder approval.