Correction of term end dates for CMD and two Whole-time Directors

Management Changes View source PDF Explain this filing

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

₹10.25

prior close

₹10.33

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+0.5% vs market

Seafood peers, median of 8sector-0.4%+0.9% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.9 pts more than its Seafood 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

-0.3

10m

-0.3

15m

+1.2

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+0.0+0.5-0.4+0.9

Next day

+0.0+1.3-1.3+0.1-0.1

+2.7+1.1+1.7+1.3+1.4

+1.5-1.7+3.2-0.6+2.1

+3.3-1.4+4.8-0.4+3.8

+3.1-0.6+3.7+0.9+2.2

+0.0+0.3-0.3-1.3+1.3

15d

+1.3-6.1+7.4-8.6+9.8

—————

UpDownMarket · Nifty Microcap 250Sector · Seafood peers, median of 8Pending

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

AI summary

At the 18th AGM held on 30 Sept 2026, members approved a correction to the appointment periods of Mr. Pradipkumar Navik (CMD) and Whole-time Directors Mr. Shantilal Patel and Mr. Rohan Navik. The end date was changed from 26 June 2030 to 25 June 2030, fixing a clerical error in the June 2025 Postal Ballot notice. All other terms and remuneration remain unchanged.

Likely market impact

Routine paperwork correction; no change in leadership, tenure length, or pay. Neutral for shareholders.