BSEIEC EDUCATION LTD.MediumNegative
Announced Wed, 30 Sept, 2026 · 15:23 IST

Company Secretary Shrey Rustogi resigns from IEC Education citing personal reasons

Kmp ResignedManagement Changes View source PDFExplain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-3.9%Reaction day
₹25.73
prior close
₹24.60
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-3.7% vs market
Software Products peers, median of 39sector+0.0%-3.9% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 3.9 pts less than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close
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Reaction day
-3.9-0.3-3.7+0.0-3.9
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-3.5-1.5-2.0-0.5-3.0
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-4.5-1.5-3.0-1.5-3.0
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-4.4-0.2-4.1-1.5-2.9
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-5.9-0.5-5.5-1.4-4.6
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-7.1-3.2-3.9-2.6-4.5
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-10.6-2.2-8.5-2.0-8.6
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UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 39Pending

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

AI summary

IEC Education's Company Secretary and Compliance Officer Mr. Shrey Rustogi (FCS 7149) has resigned effective September 30, 2026, citing personal commitments. His resignation email was received on September 29 and will be formally accepted at the upcoming Board Meeting. IEC Education has stated it will appoint a new Company Secretary in line with applicable law and inform the stock exchanges accordingly.

Likely market impact

The CS is a KMP. Exit is for personal reasons, not flagged governance issues. Company must appoint a replacement within regulatory timelines.