Founder MD C.K. Shastri resigns, to be Chairman Emeritus

Ceo ResignedManagement Changes View source PDF Explain this filing

INTENTECH · price

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

+0.6%Reaction day

₹101.15

prior close

₹101.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-0.2% vs market

IT Enabled Services peers, median of 74sector-0.8%+1.4% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 1.4 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.8-0.2-0.8+1.4

Next day

+1.0+1.7-0.7-0.1+1.1

+0.3+0.9-0.6-1.5+1.8

+0.5+0.8-0.3-1.4+2.0

-2.1+0.2-2.3-2.0-0.1

-2.1-0.1-2.1-3.4+1.3

+0.2+1.1-0.9-3.0+3.2

15d

-4.4+2.5-6.9-2.1-2.3

-9.7+1.2-11.0-4.0-5.8

-20.8+4.9-25.8-6.6-14.2

-19.4+5.8-25.2-8.1-11.3

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 74Pending

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

AI summary

Founder and Managing Director C.K. Shastri resigned effective close of business on June 19, 2026, citing health issues and advancing age. He will continue in an honorary role as Chairman Emeritus, offering strategic guidance. In his resignation letter, he expressed strong confidence in the leadership bench built over the years. The company has not yet announced a replacement for the MD role.

Likely market impact

Founder-led exit may cause short-term uncertainty, but smooth transition planned with founder remaining as Chairman Emeritus and full confidence in the existing team.