DB (International) Stock Brokers Limited has informed the Exchange regarding Resignation of Mr SHIV SINGH as Company Secretary & Compliance Officer of the company w.e.f. April 08, 2026.
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On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 3.1 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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DB (International) Stock Brokers Limited has informed the exchanges that Mr. Shiv Singh has resigned as Company Secretary, Compliance Officer, and Key Managerial Personnel of the company, citing personal reasons. His last working day is April 8, 2026, and the company is in the process of finding a replacement. In his resignation email, Mr. Singh also requested a shortened notice period due to the urgency of his personal situation. The resignation was signed off by Managing Director Shiv Narayan Daga.
This is a routine KMP-level exit and should not have a material impact on the stock price. Shareholders may want to monitor how quickly the company appoints a replacement, as the Company Secretary & Compliance Officer role is critical for regulatory filings and SEBI compliance, especially given the company's stock broking operations.