Announced Wed, 12 Aug, 2026 · 16:15 IST

MD and CFO resign on the same day at Boston Commerce

Ceo ResignedCfo 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

-8.4%Reaction day

₹4.66

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-8.5% vs market

Healthcare Service Provider peers, median of 26sector+0.4%-8.8% vs sector

On the reaction day the stock moved 8.5 pts less than Nifty Microcap 250 and 8.8 pts less than its Healthcare Service Provider 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-8.4+0.2-8.5+0.4-8.8

Next day

-3.6+0.2-3.9-2.1-1.6

-3.6+0.4-4.0-0.8-2.8

+5.2+0.7+4.4-1.8+7.0

+5.2+0.1+5.0-3.2+8.4

+11.4+0.7+10.7-1.5+12.9

—+1.2—-0.7—

15d

+12.7+0.7+11.9-1.0+13.7

+6.9-1.2+8.1-0.9+7.8

+120.2-1.1+121.3-5.7+125.9

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UpDownMarket · Nifty Microcap 250Sector · Healthcare Service Provider peers, median of 26Pending

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

AI summary

Boston Commerce announced the resignation of Managing Director Ghanshyam Gavali and CFO Kunjan Rathod, both effective close of business on 12 Aug 2026. Gavali cited personal commitments; Rathod cited pre-occupation and personal commitments. Rathod had been appointed CFO in May 2025, making his tenure under 15 months. No replacements were named.

Likely market impact

Loss of both MD and CFO on the same day raises governance concerns and could create a leadership vacuum until replacements are appointed.