Announced Tue, 7 Oct · 16:35 IST

Enclosed herewith Intimation of change in Senior Management Personnel of the Company.

Kmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Daikaffil Chemicals India Ltd has informed the stock exchange that Mr. Sanjeev Kapoor, Vice President – Business Development and a designated Senior Management Personnel, has resigned from the company effective October 7, 2025. In his resignation letter, Mr. Kapoor cited personal reasons for his decision and requested immediate relief. He also referred to his tenure at Daikaffil as 'brief', suggesting he had not been with the company for long. The intimation has been made under SEBI LODR Regulation 30, and no replacement appointment details have been disclosed in this filing.

Likely market impact

This is the exit of a senior management team member (VP-level) at a small-cap chemicals company. The departure appears to be personal and amicable, with no governance red flags mentioned. For shareholders, this is a routine people-change disclosure, but investors may want to watch whether a replacement is announced soon, as frequent senior-level exits at a small company can occasionally raise concerns about continuity in the business development function.