Mr. Sumit Agrawal has tendered his resignation from the post of Chief Financial officer (CFO) of the Company w.e.f. 30th April, 2026 due to personal reasons and relocation to his native place

CFO resignedKey managerial personnel 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

₹53.73

prior close

₹56.41

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%+3.8% vs market

Garments & Apparels peers, median of 39sector+0.9%+4.0% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 4.0 pts more than its Garments & Apparels 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

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StockMarketvs marketSectorvs sector

Reaction day

+5.0+1.2+3.8+0.9+4.0

Next day

-0.3+0.6-0.9+0.0-0.3

-5.2+1.7-6.9+1.1-6.3

-10.0+3.0-13.0+1.2-11.1

-14.4+2.8-17.2+0.2-14.7

-10.5+1.3-11.8+1.2-11.7

-17.2+3.6-20.8+1.3-18.5

15d

-9.6+6.4-16.0+2.9-12.5

-20.9+2.3-23.2-3.3-17.6

-26.4+11.4-37.8-0.9-25.5

-32.0+12.6-44.7-4.1-28.0

UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 39Pending

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

AI summary

Mr. Sumit Agrawal has tendered his resignation from the post of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Kiaasa Retail Ltd, effective from 30th April 2026. The resignation is due to personal reasons and relocation to his native place to take care of his family. The company has confirmed that there is no material reason for the resignation other than those stated. The filing was made on 17th April 2026 and the company will need to ensure smooth transition of responsibilities and file requisite forms with the Registrar of Companies.

Likely market impact

The departure of the CFO and KMP may create a temporary leadership gap in financial management. Investors should monitor for the appointment of a replacement CFO, as this could affect financial reporting timelines and investor confidence.