Resignation of Mr. Amit Nandwana, Chief Technology Officer w.e.f. close of business hours on 4th May, 2026.

Kmp ResignedManagement Changes View source PDF Explain this filing

BANSWRAS · price

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

+3.4%Reaction day

₹118.13

prior close

₹119.95

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+3.5% vs market

Other Textile Products peers, median of 181sector+0.0%+3.4% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.4 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

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Reaction day

+3.4-0.1+3.5+0.0+3.4

Next day

+8.1+1.5+6.5+0.0+8.0

+5.0+3.1+1.9+0.6+4.4

+4.6+3.0+1.6+0.2+4.4

+3.7+1.6+2.1-0.5+4.2

+0.0-1.6+1.6-1.9+2.0

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15d

+3.7+2.2+1.5-2.0+5.7

+2.9+2.6+0.3-1.6+4.5

+9.4+8.9+0.5-1.3+10.7

+4.7+11.4-6.7-2.1+6.8

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. Amit Nandwana, Chief Technology Officer and Senior Management Personnel of Banswara Syntex Limited, has tendered his resignation effective close of business hours on 4th May, 2026. The company has acknowledged his resignation and confirmed he will be relieved from duties as per the stated date. The reason cited for the resignation is personal reasons. This disclosure has been made under Regulation 30 read with Para A(7) of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter has been enclosed with the filing.

Likely market impact

The departure of a senior technology executive may create a leadership gap in the company's technology function. Investors should monitor for announcement of a successor, as CTO departure could affect technology strategy execution and initiatives. However, the personal reasons cited suggest no immediate governance or performance concerns.