Whole-time Director resigns, continues as Non-executive Director

Kmp ResignedManagement Changes View source PDF Explain this filing

MAHSEAMLES · price

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▲ 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

-0.0%Reaction day

₹596.70

prior close

₹597.80

announcement price

After-mkt

timing

Nifty Microcap 250market+0.2%-0.2% vs market

Iron & Steel Products peers, median of 97sector-0.5%+0.4% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.4 pts more than its Iron & Steel Products 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

-0.4

10m

-0.5

15m

-0.7

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0+0.2-0.2-0.5+0.4

Next day

+1.6+1.0+0.6+0.4+1.2

+2.2+0.7+1.5+0.5+1.7

+0.6+0.9-0.3+0.7-0.1

+1.0+0.2+0.8+0.0+1.0

-2.0-1.8-0.2-1.5-0.6

+0.2+1.4-1.2-0.0+0.3

15d

-3.6-0.6-3.0-1.8-1.8

-4.5+1.5-5.9-2.4-2.1

+9.2+4.5+4.6+0.6+8.6

+16.5+3.1+13.5-0.4+17.0

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 97Pending

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

AI summary

Mr. Pithelis Raj Santhanamarian has resigned from his role as Whole-time Director of Maharashtra Seamless Limited, effective 30 June 2026, citing personal reasons and other pre-occupations. He will continue on the board as a Non-executive Non-independent Director. No other material reasons were disclosed for the change.

Likely market impact

Continuity on board reduces disruption. Watch for any successor announcement for the Whole-time Director role.