Intimation of resignation of Whole Time Director under Regulation 30 of SEBI (LODR) Regulations, 2015
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On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 1.6 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kinetic Trust Ltd has informed BSE that Mr. Hardev Singh (DIN: 09700966) has resigned from the position of Whole Time Director, effective February 13, 2026. The resignation is attributed to personal reasons, and Mr. Singh has explicitly stated there is no disagreement with the Board or management on any operational, policy, or practice matter. The intimation has been made under Regulation 30 of SEBI (LODR) Regulations, 2015. No details on succession or replacement have been disclosed in this filing.
For retail shareholders, this is a routine KMP-level exit with no governance red flags — the resignation is amicable and personal. Short-term stock impact is likely minimal, but investors should watch for a timely replacement announcement to ensure leadership continuity.