Mirza International Limited has informed the Exchange about Resignation of Director/KMP/SMP

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

MIRZAINT · price

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

+4.3%Reaction day

₹32.74

prior close

₹33.28

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+4.5% vs market

Leather And Leather Products peers, median of 10sector-0.6%+5.0% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 5.0 pts more than its Leather And Leather 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+4.3-0.2+4.5-0.6+5.0

Next day

+2.3-0.2+2.4-0.9+3.2

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+3.2+0.9+2.2-0.6+3.7

+1.7+0.9+0.8-2.1+3.8

+3.4+2.5+0.9-0.3+3.6

+2.4+4.0-1.5-2.6+5.0

15d

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+7.0+7.8-0.8-9.8+16.8

+7.3+8.0-0.7-13.0+20.3

UpDownMarket · Nifty Microcap 250Sector · Leather And Leather Products peers, median of 10Pending

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

AI summary

Mirza International Limited has announced the resignation of Mr. V. T. Cherian from the position of Chief Financial Officer and Key Managerial Personnel. The resignation will be effective from the close of business hours on May 31, 2026 (his last working day). Mr. Cherian cited that he has reached an age where he believes it is appropriate to step down and allow for new leadership. He has been associated with the company for 34 years and expressed gratitude to the Board, Management, and Colleagues for their guidance and support during his tenure.

Likely market impact

The departure of a senior finance executive with 34 years of experience is significant. The company will need to identify and appoint a replacement CFO/KMP, which could create uncertainty in the near term. Investors may monitor the appointment of the new CFO as an indicator of management continuity and stability.