Please find enclosed herewith the resignation of Mrs. Nikita Rateria as a Company Secretary / Compliance officer of the Company

Kmp ResignedManagement Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

+2.1%Reaction day

₹14.01

prior close

₹14.22

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+2.3% vs market

Civil Construction peers, median of 95sector-0.6%+2.6% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.6 pts more than its Civil Construction 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

+0.0

10m

+0.0

15m

+0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1-0.3+2.3-0.6+2.6

Next day

+7.1+0.7+6.4+0.0+7.0

+0.7+0.6+0.1-0.6+1.3

+2.6+0.5+2.2-0.3+2.9

+4.6+1.1+3.5-0.5+5.1

+1.4+0.3+1.2-1.5+2.9

+0.4-0.2+0.6-2.0+2.3

15d

-5.4-2.2-3.2-4.8-0.7

-1.7-4.9+3.2-7.4+5.7

-12.2-7.5-4.7-12.4+0.2

-18.6-4.8-13.9-13.3-5.4

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 95Pending

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

AI summary

Mrs. Nikita Rateria has resigned as Company Secretary and Compliance Officer of Kaizen Agro Infrabuild Ltd, effective close of business on November 11, 2025, citing health and family issues. The Company Secretary is a Key Managerial Personnel (KMP) under the Companies Act, making this a significant governance change. The company has stated it is in the process of identifying a suitable replacement and will inform stock exchanges once the vacancy is filled. The same board meeting also approved the unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025).

Likely market impact

This is a KMP-level departure, but the reason cited (health) is personal and non-controversial, which limits negative implications. Investors should watch for timely appointment of a new Compliance Officer, as this role is critical for regulatory filings and corporate governance. Short-term sentiment impact is likely minimal, though prolonged vacancy could raise governance concerns.