BSEGujarat Winding Systems Ltd· Paper Forest & Jute ProductsHighNegative
Announced Mon, 2 Jun, 2025 · 18:31 IST

Intimation under regulation 30 of SEBI LODR, 2015 for Resignation of Company Secretary& Compliance Officer.

Kmp ResignedManagement Changes View source PDFExplain this filing

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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
+1.5%Reaction day
₹6.80
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.8% vs market
Paper & Paper Products peers, median of 39sector-0.4%+1.9% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 1.9 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day
+1.5-0.3+1.8-0.4+1.9
Next day
+1.5+0.2+1.3-0.6+2.1
2d
+0.7+0.8-0.0-0.8+1.5
3d
+2.6+0.7+2.0-0.0+2.7
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+3.2+2.1+1.2+1.9+1.3
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+1.2+2.8-1.7+0.8+0.4
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+2.9+1.7+1.2+0.0+2.9
15d
+13.7-0.4+14.1-1.6+15.3
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+11.8+2.9+8.9+0.6+11.1
2m
+1.2+0.8+0.4-3.0+4.2
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+2.1+0.9+1.2-3.0+5.0
UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 39Pending

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

AI summary

Gujarat Winding Systems Ltd has informed the stock exchange about two changes at the top. First, Mrs. Anita Ramchandani has resigned from the post of Company Secretary and Compliance Officer effective 31st May 2025, citing personal reasons. Second, Mr. Shailesh Chauhan, a Director on the board, passed away on 30th April 2025. His death certificate has been filed with the exchange. The company has not yet announced replacements for either position. The intimation is filed under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30).

Likely market impact

The departure of the Company Secretary leaves a key compliance role temporarily vacant, which may cause short-term administrative disruption but is not unusual. The loss of a director due to death is a personal and unfortunate event; the board will need to fill the vacancy within the timelines prescribed under the Companies Act to remain compliant.