BSEBodhtree Consulting Ltd· IT - ServicesHighNegative
Announced Thu, 26 Feb, 2026 · 13:08 IST

Intimation of resignation of Mr. Nikshit Hemendra Shah (DIN: 07910462) as an Independent Director of the Company w.e.f February 26, 2026.

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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
+2.6%Reaction day
₹22.00
prior close
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announcement price
In-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+2.4% vs market
IT Enabled Services peers, median of 72sector+0.5%+2.1% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.1 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day
+2.6+0.3+2.4+0.5+2.1
Next day
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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

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

AI summary

Mr. Nikshit Hemendra Shah (DIN: 07910462) has resigned as the Independent Director cum Chairman of Bodhtree Consulting Ltd, effective February 26, 2026. He cited personal obligations as the reason and confirmed there are no material reasons for his departure beyond those stated in his resignation letter. As a consequence, he also ceased to be a member of the Audit Committee and the Nomination & Remuneration Committee. Notably, he did not hold directorships in any other listed entities. The Board has recorded its appreciation for his contributions during his tenure.

Likely market impact

The company loses its Board Chairman and a member of two critical committees (Audit and Nomination & Remuneration), which may temporarily affect board oversight and governance functions until a replacement is appointed. Shareholders should watch for an update on the appointment of a new Chairman and Independent Director.