Resignation of Mr. Anand Pravin Pande (DIN: 07245254) from the post of Director with effect from 04th March 2026

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

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

-5.7%Reaction day

₹39.40

prior close

₹38.00

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-2.7%-3.0% vs market

IT Enabled Services peers, median of 72sector-2.7%-3.0% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 3.0 pts less than its IT Enabled Services 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

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Next day

+3.9-0.3+4.3+0.0+3.9

-3.3-0.5-2.8-0.7-2.6

-3.0-0.8-2.3-1.2-1.9

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+17.3+15.6+1.6+9.8+7.5

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

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

AI summary

Icodex Publishing Solutions Ltd has informed the stock exchanges that Mr. Anand Pravin Pande (DIN: 07245254) has resigned from the post of Non-Executive Director of the company, effective from the close of business hours on 04th March 2026. The resignation was tendered due to his other professional commitments and preoccupations. The Board of Directors took note of this resignation at its meeting held on 11th March 2026. The intimation has been made to BSE under Regulation 30 of SEBI LODR. No other changes to the board or management have been disclosed in this filing.

Likely market impact

This is a routine board-level change with a stated reason of personal professional commitments, and no governance concerns have been flagged. The departure of a single non-executive director is unlikely to have a material impact on the company's operations or stock price, though investors may watch for any further board changes.