Announced Tue, 7 Jul · 11:34 IST
Two directors resign post-IPO after fully exiting shareholding
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
₹70.33
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1—-0.2+1.0-5.8-2.4+2.9+9.0+7.4+4.1————
Up moveDown movePending
AI summary
Hexagon Nutrition announced the resignation of two directors effective 6 July 2026. Executive Director Mr. Subhash Kelkar and Non-Executive Director Mr. Aditya Kelkar both stepped down because they were selling shareholders in the recently concluded IPO. Both have fully exited and hold zero shares now. They remain bound by a Non-Compete Agreement dated 20 April 2026.
Likely market impact
Routine post-IPO promoter exit; selling shareholders step down after divesting. Neutral for shareholders, signals cleaner governance.