VP Operations Girish Shete resigns effective 3 November 2026

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

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

+0.0%Reaction day

₹196.00

prior close

₹196.65

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.2%-2.2% vs market

Houseware peers, median of 6sector+1.5%-1.4% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.4 pts less than its Houseware 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

+0.2

15m

-0.2

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+2.2-2.2+1.5-1.4

Next day

+3.5+3.3+0.2+2.4+1.1

+0.8pendingpending+3.2-2.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Houseware peers, median of 6Pending

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

AI summary

Girish Shete resigned as Vice President of Operations effective 3 November 2026, citing personal and family reasons. He plans to complete ongoing projects and handover work and requested to be relieved by 30 November 2026. No successor or financial impact was disclosed.

Likely market impact

The senior management exit may affect operations and project execution, but no financial impact or replacement has been disclosed.