MITCONNSEMITCON Consultancy & Engineering Services Limited· Commercial Services & SuppliesHighNegative
Announced Tue, 16 Sept, 2025 · 14:28 IST

President and senior management Nalin Shah resigns

Kmp ResignedManagement Changes View source PDFExplain this filing

MITCON · price

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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
+0.8%Reaction day
₹65.10
prior close
₹64.92
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+0.2% vs market
Consulting Services peers, median of 16sector-0.3%+1.1% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 1.1 pts more than its Consulting Services 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
5m
-0.4
10m
-0.4
15m
-0.4
30m
+0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.8+0.5+0.2-0.3+1.1
Next day
-0.3+1.2-1.5-0.3-0.0
2d
+1.4+0.9+0.4+0.6+0.8
3d
-0.5+1.3-1.8+2.3-2.8
4d
+1.4+0.6+0.8+4.1-2.7
5d
+7.5+0.3+7.3+0.8+6.7
1w
+5.8-1.1+7.0-1.3+7.1
15d
+3.8-2.6+6.5-5.5+9.4
1m
+2.5-1.9+4.4-2.7+5.2
2m
+3.8-1.0+4.8-5.6+9.5
3m
+6.8-6.7+13.5-15.1+21.8
UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 16Pending

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

AI summary

Nalin Shah resigned as President and Senior Management Personnel, effective at the close of business on September 15, 2025. He also ceased to be an employee. He cited personal and professional reasons and said he would support a smooth transition. The filing does not name a successor or disclose any financial impact.

Likely market impact

The leadership exit may create some short-term management uncertainty, but the filing provides no financial guidance or details on a successor.