Board reshuffle: Executive Director and Independent Director resign, CFO elevated

Kmp ResignedDirector ResignedManagement Changes View source PDF Explain 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

-0.6%Reaction day

₹31.20

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.0% vs market

Residential, Commercial Projects peers, median of 54sector-0.4%-0.3% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.3 pts less than its Residential, Commercial Projects 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

-0.6+0.4-1.0-0.4-0.3

Next day

-0.6+0.5-1.2+0.0-0.6

-1.4+0.6-2.0-0.5-0.9

+2.6+0.7+1.8-1.2+3.8

+5.4+1.1+4.3-0.5+5.9

-0.6+0.5-1.2+0.0-0.6

+17.6+1.3+16.3+0.9+16.7

15d

+8.7+0.5+8.1-2.3+11.0

+24.4-0.8+25.2-5.4+29.8

+79.5-0.9+80.4-6.8+86.3

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UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 54Pending

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

AI summary

Mega Nirman approved Q1 FY27 results: revenue Rs 239.99 lakh vs Rs 65.18 lakh YoY, net profit Rs 2.85 lakh vs Rs 18.38 lakh loss. Executive Director Anand Rai and Independent Director Sushma Jain resigned for personal reasons. CFO Himanshu Gopal (since Nov 2019) elevated to Executive Director. Shruti Swaroop joined as Independent Director.

Likely market impact

Strong revenue growth and return to profitability. Board-level changes with CFO promotion may ensure continuity; resignations add governance churn.