Vamshi Rubber re-appoints Chairman and Whole Time Director for 3 years

Management Changes View source PDF Explain this filing

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▲ 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

-4.8%Reaction day

₹42.00

prior close

₹42.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-4.8% vs market

Tyres & Rubber Products peers, median of 15sector+0.2%-5.0% vs sector

On the reaction day the stock moved 4.8 pts less than Nifty Microcap 250 and 5.0 pts less than its Tyres & Rubber 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

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10m

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15m

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30m

-3.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.8+0.1-4.8+0.2-5.0

Next day

-4.7+0.2-4.9-0.4-4.3

-4.8+0.6-5.3-0.7-4.1

-4.8-0.0-4.7-1.2-3.6

+0.0+0.5-0.5-1.2+1.2

-4.3+0.8-5.0-0.7-3.6

-8.1+0.6-8.7-0.7-7.4

15d

-8.3+1.3-9.6-2.7-5.6

-8.8-1.4-7.5-3.5-5.3

-10.2-0.6-9.7-2.0-8.3

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UpDownMarket · Nifty Microcap 250Sector · Tyres & Rubber Products peers, median of 15Pending

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

AI summary

The Board of Vamshi Rubber has approved the re-appointment of Mr. Mereddy Ramesh Reddy as Chairman and Whole Time Director for a further period of 3 years effective 31 July 2026, subject to shareholder approval. He holds a B.Tech degree and a Master of Science from USA and has over 30 years of experience in the Tyre Retreading Industry. The company confirmed he is not debarred by SEBI or any other authority and is not related to any other director on the Board.

Likely market impact

Leadership continuity at the top. Shareholder approval is pending at the next general meeting.