Venus Pipes re-appoints Chairman, 2 Executive Directors and 4 Independent Directors

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VENUSPIPES · price

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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

+0.5%Reaction day

₹1567.30

prior close

₹1583.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+0.3% vs market

Iron & Steel Products peers, median of 99sector-0.5%+1.0% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 1.0 pts more than its Iron & Steel 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

-0.2

10m

-0.1

15m

-0.1

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+0.2+0.3-0.5+1.0

Next day

+0.1+0.2-0.2-0.3+0.4

+1.7+0.4+1.3-0.1+1.8

+1.0+0.7+0.3-0.3+1.3

-1.1+0.1-1.2-0.3-0.8

-1.7+0.7-2.4-0.6-1.1

-0.8+1.2-2.0+0.2-1.0

15d

+1.8+0.7+1.0+2.3-0.5

+24.7-1.2+25.9+0.1+24.6

+27.2-1.1+28.3-1.8+28.9

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 99Pending

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

AI summary

Board re-appointed Arun Kothari as Chairman and Managing Director and Megharam Choudhary and Dhruv Patel as Whole-time Directors for 5 years from 14 Sept 2026 to 13 Sept 2031. Also re-appointed 4 Independent Directors (Bhandari, Agrawal, Surana, Khadaria) for a second 5 year term starting 19 Oct 2026. All re-appointments are subject to shareholder approval. Board meeting held on 13 Aug 2026.

Likely market impact

No financial impact. Signals management continuity with existing promoters and independent directors, subject to shareholder approval.