BSEDesco Infratech Ltd· ConstructionHighNegative
Announced Fri, 4 Apr, 2025 · 12:53 IST

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

Kmp ResignedManagement Changes View source PDFExplain 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
+5.0%Reaction day
₹183.05
prior close
₹192.20
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-3.6%+8.6% vs market
Civil Construction peers, median of 85sector-2.0%+7.0% vs sector

On the reaction day the stock moved 8.6 pts more than Nifty Microcap 250 and 7.0 pts more than its Civil Construction 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
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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
+5.0-3.6+8.6-2.0+7.0
Next day
+10.2-7.8+18.1-6.0+16.3
2d
+15.7-5.6+21.3-3.5+19.3
3d
+15.3-6.8+22.1-4.5+19.8
4d
+17.5-3.6+21.1-3.0+20.5
5d
+23.4-0.5+23.9+0.2+23.2
1w
+21.4+1.1+20.3+1.7+19.7
15d
+32.3-1.2+33.5-1.3+33.6
1m
+39.5+0.2+39.3-0.1+39.6
2m
+24.8+11.1+13.7+7.5+17.2
3m
+22.9+14.5+8.4+9.3+13.6
UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 85Pending

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

AI summary

Ms. Javnika Narendrakumar Gandharva has resigned from her position as Company Secretary and Compliance Officer of Desco Infratech Limited, effective from the close of business hours on April 3, 2025. She held the role of Key Managerial Personnel (KMP) at the company. In her resignation letter, she stated that she is leaving to pursue new career opportunities aligned with her long-term professional growth. The company has been informed of the cessation, and the disclosure has been made under SEBI LODR Regulation 30. No successor or replacement has been announced yet.

Likely market impact

The resignation of a KMP creates a compliance gap as the company must appoint a new Company Secretary within the timeframe required under the Companies Act. Investors should watch for the announcement of a replacement, as a prolonged vacancy could raise governance concerns or attract regulatory scrutiny.