Announced Wed, 7 Oct, 2026 · 17:57 IST
CFO and Executive Director Mitesh Thakkar resigns effective 7 Oct 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹0.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.7-4.0-4.0-4.0-5.3—————
Up moveDown movePending
AI summary
Nivaka Fashions informed BSE that Mr. Mitesh Ajit Thakkar (DIN: 06994888) has resigned as Chief Financial Officer and Executive Director effective 7 October 2026. He cited pre-occupancy of work and other evolving professional commitments as the reason for stepping down. The intimation was signed by Managing Director Bhavin Jain. No successor has been named in this filing.
Likely market impact
Loss of CFO and Executive Director with no replacement announced yet, which may raise short-term governance concerns until a successor is appointed.