Postal ballot for MD appointment and new director

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

ZUARI · price

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Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹240.98

prior close

₹238.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-2.4% vs market

Fertilizers peers, median of 19sector-1.1%-2.0% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 2.0 pts less than its Fertilizers 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

-0.1

10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-0.7-2.4-1.1-2.0

Next day

-3.0-0.8-2.2-1.6-1.3

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-6.1-1.7-4.4-3.7-2.4

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-5.3-0.5-4.8-3.6-1.7

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15d

-2.2+0.5-2.7-5.7+3.5

-8.6-1.9-6.6-9.2+0.6

-5.7+4.3-10.0-4.5-1.2

-7.4+5.8-13.2-8.5+1.1

UpDownMarket · Nifty Microcap 250Sector · Fertilizers peers, median of 19Pending

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

AI summary

Zuari Agro Chemicals is seeking shareholder approval via postal ballot for two items: (1) appointment of Mr. Nitin M. Kantak as Managing Director for 1 year from 3 Sep 2026 with monthly pay of about Rs 7.7 lakhs (Basic Rs 5.48L, HRA Rs 1.43L, others Rs 78,200); he was already Executive Director. (2) Appointment of Mr. Pramod Kumar Gupta, currently Group CFO of promoter Adventz Group, as Non-Executive Non-Independent Director. E-voting runs 24 Jun to 23 Jul 2026, results on 24 Jul 2026.

Likely market impact

Internal promotion to MD for Kantak; Adventz Group CFO joining board as promoter nominee. Both need shareholder approval via e-voting.