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BSEMantra Capital Ltd· FinanceHighNegative
Announced Tue, 7 Oct, 2025 · 16:55 IST

We wish to inform you that Mr. Darsh Mehta has resigned from the position of Company Secretary and Compliance Officer of the Company and has ceased from the above said designation from ....

Kmp ResignedManagement Changes View source PDFExplain this filing

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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
-1.8%Reaction day
₹18.20
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.5% vs market
Non Banking Financial Company (NBFC) peers, median of 194sector+0.0%-1.8% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.8 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.

Minutes after the announcementfrom the announcement price · no benchmark
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.8-0.3-1.5+0.0-1.8
Next day
+0.0-0.1+0.1-0.1+0.1
2d
-3.8+0.6-4.5+0.0-3.8
3d
-6.2+0.1-6.3-0.3-5.9
4d
-1.3-1.1-0.3-1.2-0.1
5d
-1.2-0.1-1.1-0.8-0.4
1w
-5.5-0.1-5.4-0.8-4.7
15d
-10.2+2.1-12.2+0.9-11.1
1m
-6.6+0.3-7.0-0.6-6.1
2m
-17.9-6.3-11.6-2.4-15.5
3m
-17.6-4.7-12.9-4.7-12.9
UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 194Pending

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

AI summary

Mr. Darsh Mehta has resigned from the position of Company Secretary and Compliance Officer (a Key Managerial Personnel role) of Savani Financials Limited, with effect from the close of business on 30th September 2025. His resignation letter was dated 14th July 2025, and the reason cited is to pursue career opportunities outside the company. The disclosure was signed by Managing Director Deepa Tracy on 7th October 2025. No replacement appointment has been announced in this filing.

Likely market impact

The company has lost a key managerial personnel responsible for compliance and regulatory filings. Investors should watch for a timely appointment of a new Company Secretary, as this role is mandatory under the Companies Act and gap in compliance officer could raise governance concerns.