Announced Wed, 2 Apr, 2025 · 11:47 IST

Ducon Infratechnologies Limited has informed the Exchange regarding Resignation of Mr Chandrasekhar Ganesan as Executive Whole Time Director of the company w.e.f. March 31, 2025 pursuant to Regulation 30 of SEBI (Listing Obligation & Disclosures Requirement) Regulations, 2015 and announcement submitted on 29th March, 2025.

Kmp ResignedManagement Changes View source PDFExplain this filing

DUCON · price

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Price reactionminutes from the announcement price · days from the prior close
+12.5%Reaction day
₹5.20
prior close
₹5.80
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+11.8% vs market

On the reaction day the stock moved 11.8 pts more 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
5m
-0.7
10m
-1.0
15m
-1.2
30m
+1.6
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
+12.5+0.7+11.8
Next day
+15.4+1.7+13.7
2d
+11.0-2.0+12.9
3d
+0.0-6.2+6.2
4d
+12.5-4.0+16.5
5d
+9.0-5.2+14.2
1w
+14.8+1.2+13.6
15d
+14.8+2.9+11.9
1m
+12.7+0.4+12.3
2m
+29.2+12.8+16.5
3m
+25.2+16.0+9.2
UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Mr Chandrasekhar Ganesan has resigned from his position as Executive Whole Time Director of Ducon Infratechnologies Limited, effective March 31, 2025. The company informed the stock exchange about this change under SEBI Listing Regulations. The exchange noted that an earlier announcement on this matter was already submitted on March 29, 2025.

Likely market impact

The departure of a Whole Time Director may create a short-term leadership gap, but the company has time to plan succession before the effective date. Shareholders should watch for any upcoming announcement regarding a replacement appointment.