Announced Fri, 16 Oct, 2026 · 17:40 IST

Non-Executive Director Mr. Ajay Mishra resigns, effective 13 Oct 2026

Management Changes View source PDF Explain this filing

Price

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

+4.9%Reaction day

₹15.37

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+6.6% vs market

Garments & Apparels peers, median of 43sector-0.9%+5.8% vs sector

On the reaction day the stock moved 6.6 pts more than Nifty Microcap 250 and 5.8 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.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.9-1.7+6.6-0.9+5.8

Next day

-0.3-4.2+4.0-4.1+3.9

—-5.2—-4.5—

-5.2-7.4+2.2-6.8+1.6

—-7.0—-6.5—

-2.7pendingpending-5.6+2.8

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15d

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UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 43Pending

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

AI summary

Mr. Ajay Mishra, Non-Executive Non-Independent Director of Kizi Apparels Limited, resigned effective 13 October 2026, citing increased professional commitments and time constraints. He also stepped down as a member of the Nomination and Remuneration Committee and as Chairman of the Stakeholders Relationship Committee. The Board noted the resignation at its meeting on 16 October 2026.

Likely market impact

Single non-executive director exit for personal reasons, limited operational impact. Watch for any board succession update.