This is to inform you that Mr. Ajay Kumar Sharma has tendered his resignation as Director of the Company with effect from close of business hours on July 31, 2025

Kmp ResignedManagement Changes View source PDF Explain this filing

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

-3.6%Reaction day

₹280.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-3.6% vs market

Other Textile Products peers, median of 181sector+0.0%-3.6% vs sector

On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 3.6 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mr. Ajay Kumar Sharma has resigned as a Director of KG Petrochem Ltd, with the resignation taking effect from the close of business hours on July 31, 2025. The company has informed the stock exchanges about the development as required under listing regulations. No reason for the resignation or details about succession planning have been mentioned in the filing. The announcement is routine in nature and involves a single board member stepping down.

Likely market impact

A single non-executive director departure is unlikely to materially affect the stock or operations. Shareholders should watch for any subsequent filings regarding board reconstitution or any disclosed reasons for the exit.