Executive Director Rajiv Shah resigns effective Dec 31, 2025

Kmp ResignedManagement Changes View source PDF Explain this filing

HAPPSTMNDS · 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

-0.3%Reaction day

₹490.40

prior close

₹489.65

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.6%+0.3% vs market

Computers - Software & Consulting peers, median of 63sector-0.9%+0.7% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.7 pts more than its Computers - Software & Consulting 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

Stock

-0.1

10m

+0.1

15m

+0.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3-0.6+0.3-0.9+0.7

Next day

-1.5-1.5+0.0-0.9-0.6

-2.9-1.8-1.1-0.8-2.2

-0.9-0.6-0.3-0.1-0.8

+1.2+0.8+0.5+0.4+0.9

+0.4+0.8-0.4+0.3+0.1

-2.3-0.2-2.0-1.4-0.9

15d

-5.6+1.1-6.6-0.6-5.0

-13.0-3.5-9.5-4.0-9.1

-21.4-3.2-18.2-14.7-6.7

-22.9-12.8-10.1-24.6+1.7

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 63Pending

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

AI summary

Mr. Rajiv Indravadan Shah (DIN: 06752608) has resigned from the post of Executive Director of Happiest Minds Technologies effective December 31, 2025. The reason cited is preoccupation and other personal reasons. The resignation letter dated December 15, 2025 confirms there is no material reason other than that disclosed.

Likely market impact

Personal-reason exit from the board. Watch for succession updates and any board reconstitution; no direct financial impact stated.