DEVXNSEDev Accelerator LimitedHighNegative
Announced Thu, 16 Apr · 18:41 IST

Dev Accelerator Limited has informed the Exchange about Resignation of Senior Management Personnel

Management 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 14 horizons · vs prior close
-4.6%1-day move
₹42.50
prior close
₹42.00
base price
After-mkt
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+0.9+0.0+1.4+2.9-4.6-3.8-4.9-3.5-0.9-0.9-1.2-8.2-14.6-19.7
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AI summary

Ms. Monika Handa, Vice President – Operations and Facility at Dev Accelerator Limited, has resigned from her Senior Management Personnel role. Her resignation letter was dated April 11, 2026, and was accepted by the Management on April 16, 2026. She will be relieved from her duties effective close of business hours on April 30, 2026. She has cited pursuing new challenges and opportunities as the reason for her departure, and has committed to ensuring a smooth transition of responsibilities. The company has disclosed this under SEBI Listing Regulations and made the details available on its investor relations website.

Likely market impact

This is a mid-level senior management exit and not a CEO, CFO, or KMP-level departure. The resignation is for personal career reasons with a notice period through end of April, giving time for transition. The near-term impact on operations or stock price is likely limited, though investors may watch for succession planning for the Operations and Facility function.