Whole-time Director Nirmal Sahijwani resigns effective Feb 1, 2026

Kmp ResignedManagement Changes View source PDF Explain this filing

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

-1.9%Reaction day

₹39.05

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-2.0% vs market

Leather And Leather Products peers, median of 8sector+0.9%-2.8% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 2.8 pts less 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.

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Next day

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AI summary

Mirza International said Mr Nirmal Sahijwani, a Whole-time Director on the board, has resigned effective February 1, 2026 for personal reasons. The resignation was communicated to the company by email on December 22, 2025. No replacement has been announced yet. Brief profile section is marked not applicable, confirming this is a cessation, not a new appointment.

Likely market impact

A senior executive exit introduces near-term leadership uncertainty until a successor is appointed, though personal-reason resignations are often routine.