Announced Tue, 7 Jul · 11:46 IST
Hexagon Nutrition: Two Directors Resign Post-IPO Divestment
HEXAGON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹70.60
prior close
₹70.34
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.2-0.0+0.2-5.8-2.4+2.9+9.0+7.4+4.1————
Up moveDown movePending
AI summary
Two directors, Subhash Purushottam Kelkar (Executive) and Aditya Kelkar (Non-Executive), resigned effective 6 July 2026 after fully divesting their shareholding following the recent IPO. Both cited completion of share sale as the reason and confirmed there are no other material reasons. They will remain bound by a Non-Compete Agreement dated 20 April 2026.
Likely market impact
Both directors exit after full post-IPO share sale. No governance red flags, but board shrinks; watch for new appointments.