MYMUDRANSEMY MUDRA FINCORP LIMITEDHighNegative
Announced Fri, 9 Oct, 2026 · 16:09 IST

Whole Time Director Madan Sardar resigns citing personal reasons

Kmp ResignedManagement Changes View source PDFExplain this filing

MYMUDRA · 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
+3.7%Reaction day
₹96.45
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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+2.8% vs market

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mr. Madan Sardar (DIN 11865424) has resigned as Whole Time Director of My Mudra Fincorp Limited effective October 9, 2026, after close of business hours. The exit is due to personal reasons, and Mr. Sardar has confirmed there are no other material reasons behind his decision. The company has disclosed the change to the stock exchange under SEBI Listing Regulations, attaching his resignation letter and the standard Regulation 30 details.

Likely market impact

Board-level KMP exit for personal reasons; no governance red flag stated. Investors should watch for any replacement appointment or further board changes.