JKPAPERNSEJK Paper Limited· Paper Forest & Jute ProductsHighNegative
Announced Mon, 29 Sept, 2025 · 12:32 IST

JK Paper Limited has informed the Exchange regarding Resignation of Mr Mukul Sharadkumar Verma as Executive VP (Works - CPM Unit) and Senior Management Personnel of the company w.e.f. close business hours of September 30, 2025.

Kmp ResignedManagement Changes View source PDFExplain this filing

JKPAPER · 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
+1.0%Reaction day
₹371.00
prior close
₹369.50
announcement price
In-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%+1.8% vs market
Paper & Paper Products peers, median of 34sector-0.4%+1.3% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 1.3 pts more than its Paper & Paper Products 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
5m
+0.1
10m
+0.1
15m
-0.4
30m
-0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.0-0.8+1.8-0.4+1.3
Next day
+4.2-1.2+5.4+0.1+4.1
2d
+5.7+0.2+5.5+1.0+4.7
3d
+14.7+1.5+13.2+2.5+12.1
4d
+13.3+1.2+12.1+1.8+11.5
5d
+11.8+0.9+10.9+0.4+11.4
1w
+11.3+0.9+10.5-0.9+12.2
15d
+6.9+2.9+3.9+0.0+6.9
1m
+6.7+3.2+3.4-1.2+7.9
2m
-1.9-0.4-1.5-8.3+6.4
3m
-3.4-4.0+0.6-12.1+8.7
UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 34Pending

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

AI summary

JK Paper Limited has informed the exchanges that Mr. Mukul Sharadkumar Verma, Executive Vice President (Works - CPM Unit) and Senior Management Personnel, has resigned from the company effective close of business hours on September 30, 2025. He has cited pursuing opportunities outside the company as the reason for his departure. The resignation letter confirms there is no material reason other than personal career exploration. The disclosure is filed under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

This is a senior management-level exit at the operational (CPM Unit) level, but the company states no material concerns drove the decision. Investors should monitor for any succession announcement or operational impact at the CPM Unit, though a single KMP resignation without governance flags is generally not price-significant.