Intimation regarding the Resignation of Company Secretary and Compliance Officer of the Company

Kmp ResignedManagement Changes View source PDF Explain this filing

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

-8.6%Reaction day

₹2.68

prior close

₹2.74

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-3.1%-5.5% vs market

Trading & Distributors peers, median of 127sector-1.6%-7.0% vs sector

On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 7.0 pts less than its Trading & Distributors 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

-2.2

15m

-4.4

30m

-6.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-8.6-3.1-5.5-1.6-7.0

Next day

-7.5-2.4-5.1-2.0-5.5

-8.6-2.2-6.4-1.9-6.7

-9.7-2.5-7.2-2.7-7.0

-6.7-3.8-2.9-3.8-2.9

-10.1-3.4-6.7-4.1-5.9

-14.2-1.8-12.4-3.7-10.5

15d

-8.6+0.1-8.7-5.0-3.6

-4.5+1.2-5.7-6.2+1.7

-10.8+7.9-18.7-5.9-4.9

-19.0+10.3-29.3-5.3-13.7

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 127Pending

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

AI summary

Mr. Piyush Harish Talyani has tendered his resignation from the position of Company Secretary and Compliance Officer of Minal Industries Ltd, effective from the closing of business hours on 11th May, 2026. The resignation was submitted via email citing personal reasons as the cause. The company has stated that the resignation letter will be placed before the Board of Directors in an upcoming Board Meeting for formal consideration and acceptance. The Managing Director, Shrikant J. Parikh, signed the intimation to BSE under Regulation 30 of the SEBI Listing Regulations.

Likely market impact

The company loses its Company Secretary and Compliance Officer, creating a compliance gap that needs to be addressed urgently. Investors should monitor for the appointment of a replacement, as listed companies are required to have a Company Secretary.