Executive Director Subhash Kelkar resigns post-IPO exit

Kmp ResignedManagement Changes View source PDF Explain this filing

HEXAGON · price

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Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹68.60

prior close

₹68.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-1.0% vs market

On the reaction day the stock moved 1.0 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

+1.3

10m

+2.5

15m

+1.6

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-3.1-2.0-1.0

Next day

+0.4-0.1+0.6

+5.9+1.2+4.7

+12.2+1.4+10.8

+10.5+0.4+10.1

+8.4+1.0+7.4

+1.4-0.5+1.9

15d

-9.6-0.6-9.1

-7.1+3.4-10.4

-6.3+6.0-12.4

-0.1+1.1-1.2

UpDownMarket · Nifty Microcap 250Pending

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AI summary

Mr. Subhash Purushottam Kelkar has resigned as Executive Director of Hexagon Nutrition, effective 6th July 2026. He was a selling shareholder in the recently concluded IPO and has fully exited the company, holding no shares as of the resignation date. He will remain bound by a Non-Compete Agreement signed in April 2026 covering confidentiality, non-compete, and non-solicitation terms. No other material reasons cited.

Likely market impact

Likely neutral; this is a planned post-IPO exit by a selling shareholder, not an unexpected departure.