Announced Thu, 1 Oct, 2026 · 13:59 IST

Managing Director Mr. Deepak Kumar Babel resigns effective 31 Oct 2026

Ceo ResignedKmp ResignedManagement 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

+0.0%Reaction day

₹134.15

prior close

₹133.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+1.3% vs market

Investment Company peers, median of 63sector-1.4%+1.4% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.4 pts more than its Investment Company 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

—

10m

—

15m

—

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-1.3+1.3-1.4+1.4

Next day

+0.6-1.3+1.8-1.2+1.7

-0.1+0.0-0.1-0.7+0.6

-0.9-0.2-0.6-1.1+0.3

+1.3-3.0+4.3-1.9+3.2

+0.6-2.7+3.4-1.3+1.9

-0.7-1.7+1.0-0.7+0.0

15d

-1.6-8.9+7.3-6.4+4.8

—————

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 63Pending

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

AI summary

Mr. Deepak Kumar Babel (DIN: 05200110), Managing Director of Arman Holdings Limited, has resigned with effect from close of business hours on 31 October 2026, citing personal and unavoidable circumstances. He confirmed there are no other material reasons for his resignation. The Board is in the process of selecting new directors and will update the stock exchanges once finalized.

Likely market impact

Top leadership transition; company needs to appoint a new Managing Director. Watch for updates on the replacement.