CEINSYSNSECeinsys Tech Limited· IT - ServicesHighNegative
Announced Wed, 29 Apr, 2026 · 17:46 IST

Ceinsys Tech Limited has informed the Exchange regarding Resignation of Mr Phaneesh Murthy as Non- Executive Independent Director of the company w.e.f. April 28, 2026.

Kmp ResignedManagement Changes View source PDFExplain this filing

CEINSYS · 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
-2.4%Reaction day
₹1095.00
prior close
₹1090.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-2.1% vs market
IT Enabled Services peers, median of 74sector-0.4%-2.0% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.0 pts less than its IT Enabled Services 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
5m
+0.4
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
-2.4-0.4-2.1-0.4-2.0
Next day
-3.4+1.1-4.5-0.3-3.1
2d
-6.2+1.0-7.2+0.3-6.5
3d
-8.2+2.6-10.9+1.2-9.4
4d
-8.8+4.2-13.0+2.5-11.3
5d
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1w
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15d
-17.2+0.9-18.1-1.6-15.6
1m
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2m
-17.1+9.1-26.2-1.5-15.6
3m
-23.4+8.1-31.5-1.0-22.4
UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 74Pending

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

AI summary

Mr. Phaneesh Murthy has resigned from the position of Non-Executive Independent Director of Ceinsys Tech Limited with effect from April 28, 2026. The resignation was tendered due to personal reasons. In his confirmation, Mr. Murthy stated there are no material reasons behind his decision other than personal matters. The director holds no other directorships in listed companies and has no board committee positions in other listed entities. The company has informed both NSE and BSE about this change as required under SEBI Listing Regulations.

Likely market impact

The resignation of an independent director may raise governance concerns for investors, though the reason cited is personal with no material issues disclosed. The board will need to appoint a replacement to maintain the required composition of independent directors.