CEO and CFO resign for personal reasons effective November 8, 2025

Ceo ResignedCfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

-5.0%Reaction day

₹5981.20

prior close

₹5682.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-4.8% vs market

Investment Company peers, median of 53sector-0.0%-5.0% vs sector

On the reaction day the stock moved 4.8 pts less than Nifty Microcap 250 and 5.0 pts less than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

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Reaction day

-5.0-0.2-4.8-0.0-5.0

Next day

-7.6-0.5-7.1-0.2-7.5

-12.1+0.5-12.6-0.5-11.6

-13.2-0.2-13.0-1.1-12.1

-16.4-1.9-14.5-2.2-14.2

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-17.2-2.2-15.1-2.6-14.7

15d

-12.4-3.6-8.8-5.5-7.0

-13.8-3.5-10.3-6.3-7.5

-18.1-7.0-11.0-10.2-7.9

-21.6-11.1-10.5-15.1-6.5

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 53Pending

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

AI summary

Mr. Shekhar D. Bhivpathaki resigned as both Chief Executive Officer and Chief Financial Officer for personal reasons. His resignation letter was dated October 29, 2025, and he will leave after business hours on November 7, 2025. He plans to complete handover formalities by his last working day.

Likely market impact

The combined CEO and CFO exit may create short-term management uncertainty until replacements are named; no financial impact was disclosed.