Executive Director ceases on tenure completion amid ongoing IBC proceedings

Management Changes View source PDF Explain this filing

DPSCLTD · price

Loading chart…

▲ 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

-3.5%Reaction day

₹7.42

prior close

₹7.45

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-3.7% vs market

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250, 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

-0.5

10m

-1.1

15m

+0.0

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-3.5+0.2-3.7

Next day

+0.0+1.0-1.0

+2.0+0.7+1.3

+0.4+0.9-0.5

+0.7+0.2+0.5

+1.1-1.8+2.9

-0.3+1.4-1.7

15d

-1.5-0.6-0.9

+1.5+1.5+0.0

-0.7+4.5-5.2

-7.8+3.1-10.9

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Mr. Debashis Bose (DIN 06684439) ceases to be Executive Director of India Power Corporation (formerly DPSC Limited) with effect from close of business on June 30, 2026, on completion of his tenure. The company is currently under Corporate Insolvency Resolution Process (CIRP); NCLT Hyderabad admitted a Section 7 IBC application on May 15, 2026, and Board powers stand suspended. This is a routine tenure-end intimation made under SEBI LODR Regulation 30.

Likely market impact

Routine tenure-end for one director. Company remains under CIRP with suspended board, so insolvency resolution process is the key shareholder driver.