Resignation of Mr. Vaibhav Ashok Rupnar (PAN: AGQPR4390G) as the Chief Financial Officer of the Company.

CFO resignedKey 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

₹38.70

announcement price

In-mkt

timing

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

-5.7-2.7-3.0-2.7-3.0

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

+1.0-3.6+4.7-3.7+4.7

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15d

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+22.6+2.6+19.9+0.7+21.8

+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

Mr. Vaibhav Ashok Rupnar has resigned from the position of Chief Financial Officer (CFO) of iCodex Publishing Solutions Limited, effective from the close of business hours on 04th March 2026. The reason cited is other professional commitments/personal preoccupations. The Board of Directors took note of this resignation at its meeting held on 11th March 2026. The company has disclosed the details to BSE under Regulation 30 of SEBI Listing Regulations. The Managing Director, Mr. Kamalakkannan Govindaraj, signed the intimation filing.

Likely market impact

The departure of the CFO is a key managerial personnel change that may cause short-term uncertainty in financial reporting continuity, but the resignation has been attributed to personal professional reasons rather than any governance or financial concerns. Investors should watch for a timely replacement appointment to ensure smooth financial oversight.