Ashoka Metcast Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF Explain this filing

ASHOKAMET · price

Loading chart…

▲ 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

+4.0%Reaction day

₹16.35

prior close

₹17.11

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%+2.5% vs market

Trading - Metals peers, median of 9sector-0.1%+4.0% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 4.0 pts more than its Trading - Metals 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

-1.8

15m

-0.1

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0+1.5+2.5-0.1+4.0

Next day

+2.7+1.4+1.3-0.1+2.8

+2.6+3.0-0.4+0.6+2.0

+5.2+4.6+0.6+1.6+3.6

+4.0+4.5-0.5+3.7+0.3

+1.5+3.0-1.5+0.9+0.7

-1.2+0.6-1.8+0.6-1.8

15d

-2.2+2.9-5.1-2.8+0.6

-4.7+4.1-8.8-4.7-0.0

-9.2+10.5-19.7+4.0-13.1

-13.9+11.6-25.5+9.1-23.0

UpDownMarket · Nifty Microcap 250Sector · Trading - Metals peers, median of 9Pending

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

AI summary

Mrs. Riddhi Shah has tendered her resignation from the post of Company Secretary and Compliance Officer of Ashoka Metcast Limited, effective 30th April, 2026. She cited pursuing better career opportunities as the reason for her departure. The company has confirmed there are no other material reasons for the resignation, as verified by Mrs. Shah. This is a Key Managerial Personnel (KMP) departure. The Managing Director, Ashok Shah, has signed off on the intimation to the exchanges.

Likely market impact

The company will need to appoint a new Company Secretary and Compliance Officer to fulfill regulatory requirements under SEBI listing norms. This is a routine governance event with typically minimal direct impact on stock price unless the replacement is delayed.