DIGJAMLMTDNSEDigjam Limited· Textiles & ApparelsHighNegative
Announced Wed, 30 Apr, 2025 · 13:18 IST

Digjam Limited has informed the Exchange regarding Cessation of Mr Mohit Premchand Dubey as Company Secretary & Compliance Officer of the company w.e.f. April 30, 2025.

Kmp ResignedManagement Changes View source PDFExplain this filing

DIGJAMLMTD · 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
-0.9%Reaction day
₹39.51
prior close
₹38.54
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.2%+1.3% vs market
Other Textile Products peers, median of 166sector-1.9%+1.0% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.0 pts more than its Other Textile Products 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
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.9-2.2+1.3-1.9+1.0
Next day
-6.4-2.3-4.1-1.4-5.0
2d
-3.8-0.8-3.0-0.9-2.9
3d
-6.3-3.4-2.9-3.9-2.4
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-7.6-2.2-5.4-2.3-5.3
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-12.0-3.0-9.0-2.9-9.2
1w
-7.9+1.4-9.2-0.6-7.2
15d
+1.2+7.4-6.1+2.8-1.5
1m
+1.2+9.7-8.5+2.5-1.3
2m
-12.8+13.0-25.7+3.8-16.5
3m
+43.6+12.6+31.1+3.1+40.6
UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 166Pending

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

AI summary

Digjam Limited has informed the stock exchange that Mr. Mohit Premchand Dubey has ceased to be the Company Secretary and Compliance Officer of the company, effective April 30, 2025. A Company Secretary is a key managerial personnel (KMP) responsible for ensuring the company follows SEBI listing rules, stock exchange regulations, and corporate governance norms. No reason for the departure has been disclosed in this filing. Investors should watch for the appointment of a new Company Secretary, which the company is required to fill within six months under SEBI regulations.

Likely market impact

The exit of the compliance officer is a routine KMP change and by itself has limited impact on stock price or operations, but it leaves a key governance role vacant and the company must appoint a replacement within six months.