Announced Wed, 13 May · 20:18 IST

Disclosure with respect to change in Senior Management Personnel is enclosed.

Management Changes View source PDF

IKS · price

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Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹1687.50
prior close
₹1739.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0+0.1+1.3-1.9-5.2-5.5-2.6-4.2-3.7-2.2-0.7-0.7+11.5
Up moveDown movePending
AI summary

Inventurus Knowledge Solutions disclosed that Mr. Saransh Mundra will no longer be classified as Senior Management Personnel (SMP) effective May 14, 2026. This change follows an internal review of roles and responsibilities. Importantly, Mr. Mundra remains with the company and continues to handle investor relations. The reclassification is administrative in nature, likely due to a restructuring of who falls under the SMP definition under the Companies Act, 2013 and SEBI LODR Regulations. This is not a departure from the company.

Likely market impact

Minimal impact on shareholders as this is an internal reclassification rather than a departure. Mr. Mundra continues in his investor relations role, suggesting no disruption to investor communication functions.