IVP chairman Rajkumar Lekhwani resigns from the board

Director resignedManagement Changes View source PDF Explain this filing

IVP · price

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

-6.3%Reaction day

₹182.51

prior close

₹184.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Specialty Chemicals peers, median of 100sector+0.7%-7.0% vs sector

On the reaction day the stock moved 7.0 pts less than its Specialty Chemicals 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

-5.0

10m

-5.2

15m

-6.1

30m

-5.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.3pendingpending+0.7-7.0

Next day

———+0.0—

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15d

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 100Pending

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

AI summary

Rajkumar Lekhwani resigned as chairman and director of IVP Limited with effect from the close of business on November 4, 2026. He also stepped down from all board committees, citing current and future commitments and saying there were no other reasons for his exit.

Likely market impact

The exit changes board leadership and committee composition; the filing does not name a successor.