Intimation under Regulation 30 of SEBI (LODR) Regulation,regarding Resignation of Managing Director

Ceo ResignedCfo ResignedKmp 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

+1.2%Reaction day

₹1.73

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+1.3% vs market

Packaging peers, median of 63sector-0.0%+1.2% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.2 pts more than its Packaging 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2-0.2+1.3-0.0+1.2

Next day

+1.2+1.1+0.0+0.7+0.5

+2.9+2.0+0.9+1.1+1.7

+2.9+3.0-0.1+1.3+1.5

+1.2+2.3-1.1+2.0-0.8

-0.6+2.3-2.9+2.7-3.3

-2.3+2.9-5.2+2.3-4.6

15d

+17.9+5.3+12.6+2.5+15.5

+38.7-0.3+39.0-0.1+38.9

+33.5+3.8+29.7+0.4+33.1

+20.8+0.2+20.6-3.5+24.3

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 63Pending

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

AI summary

Mr. Kevinkumar Mansukhlal Saparia (DIN: 06511140) has resigned from his roles as Managing Director, Executive Director, and Chief Financial Officer of Bisil Plast Limited, effective from the close of business hours on August 28, 2025. The reason cited is personal reasons and other professional commitments. He has confirmed that there are no other material reasons behind his resignation. The Board of Directors has acknowledged his contribution during his tenure. The company has not yet announced a replacement for either position.

Likely market impact

The company has simultaneously lost its Managing Director and CFO, which are both Key Managerial Personnel roles. This dual exit may create leadership and financial oversight gaps, potentially affecting operations and investor confidence until suitable replacements are appointed.