Resignation of Mr. Praveen Bhati as Company Secretary and Compliance Officer of the company.

Kmp ResignedManagement Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

+5.1%Reaction day

₹96.99

prior close

₹100.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.6% vs market

Ferro & Silica Manganese peers, median of 6sector+3.1%+2.0% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 2.0 pts more than its Ferro & Silica Manganese 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

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.1+0.4+4.6+3.1+2.0

Next day

+4.1+0.6+3.5+0.2+4.0

+3.0+1.0+1.9+1.6+1.4

-0.2+0.9-1.1+2.1-2.3

-1.0+0.9-1.9+0.3-1.3

+1.0+1.6-0.6-2.0+3.0

+4.4+2.8+1.6-1.4+5.8

15d

+8.1-2.5+10.6-3.0+11.1

+2.9-1.0+4.0+1.2+1.8

-0.5-0.4-0.0-3.6+3.1

-12.4-7.0-5.4-13.2+0.9

UpDownMarket · Nifty Microcap 250Sector · Ferro & Silica Manganese peers, median of 6Pending

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

AI summary

Nagpur Power & Industries Ltd has informed BSE that Mr. Praveen Bhati, the Company Secretary and Compliance Officer (Membership No. A71212), has resigned from his position. He tendered his resignation on September 05, 2025, citing better career opportunities. His last working day will be Friday, October 03, 2025. The company has accepted the resignation and will now need to appoint a replacement for this key managerial position.

Likely market impact

This is a routine KMP-level change with a clear notice period and no governance red flags mentioned. The company will need to fill the Company Secretary and Compliance Officer role, which is mandatory under SEBI listing regulations. Shareholders should watch for the appointment of a successor, as any delay in filling this role could attract regulatory attention.