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AKSHARNSEAkshar Spintex Limited· Textiles & ApparelsHighNegative
Announced Mon, 30 Jun, 2025 · 17:56 IST

Akshar Spintex Limited has informed the Exchange regarding Resignation of Mr Mr Dheeraj Kumar Sahu as Company Secretary & Compliance Officer of the company w.e.f. July 01, 2025.

Key managerial personnel resignedManagement Changes View source PDFExplain this filing

AKSHAR · 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
+3.6%Reaction day
₹0.55
prior close
₹0.55
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+3.6% vs market
Other Textile Products peers, median of 181sector+0.0%+3.6% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 3.6 pts more than its Other Textile 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
5m
+1.8
10m
+1.8
15m
+1.8
30m
+1.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+3.6+0.1+3.6+0.0+3.6
Next day
+5.5-0.1+5.6-0.0+5.5
2d
+3.6-0.0+3.7+0.0+3.6
3d
+5.5+0.4+5.1+0.2+5.3
4d
+3.6-0.1+3.7+0.2+3.4
5d
+3.6-0.2+3.9+0.9+2.8
1w
+5.5+0.6+4.8+0.9+4.5
15d
+3.6+1.5+2.1+0.5+3.2
1m
-5.5-2.7-2.8-3.2-2.3
2m
+5.5-3.8+9.2-8.6+14.1
3m
+9.1-4.1+13.2-8.2+17.3
UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 181Pending

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

AI summary

Mr. Dheeraj Kumar Sahu has resigned as Company Secretary & Compliance Officer of Akshar Spintex Limited, effective from the close of business hours on June 30, 2025, citing personal reasons. In the interim, Mr. Harikrushna Shamjibhai Chauhan, the Chairman cum Whole Time Director, will take on the role of Compliance Officer. The company has stated it will appoint a new Company Secretary at the earliest to handle compliance matters. The intimation has been made under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

This is a routine KMP-level change with an interim arrangement already in place, so day-to-day compliance should not be disrupted. Shareholders should watch for the timely appointment of a permanent Company Secretary, as prolonged vacancies in this role can attract regulatory scrutiny.