Navkar Corporation Limited has informed the Exchange regarding Resignation of Mr. Arun Sharma, Chief Executive Officer & Key Managerial Personnel of the Company, vide letter dated June 05, 2025 due to personnel reasons and he will be relieved from his duties effective from end of business hours of September 05, 2025.

CEO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

NAVKARCORP · price

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

-0.8%Reaction day

₹110.00

prior close

₹110.47

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.7% vs market

Logistics Solution Provider peers, median of 38sector+0.2%-1.0% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 1.0 pts less than its Logistics Solution Provider 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

-0.1

10m

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15m

-0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.1-0.7+0.2-1.0

Next day

+3.2+1.3+1.9+0.6+2.6

+7.6+2.1+5.6+1.3+6.3

+6.2+2.5+3.7+2.4+3.8

+1.9+1.0+0.9+1.1+0.8

+2.4+0.6+1.8+0.4+2.0

+0.6-0.1+0.7-1.3+1.9

15d

+0.9+1.3-0.4+0.0+0.9

-3.5+2.1-5.5+0.9-4.4

+9.9-1.4+11.4-2.7+12.6

+19.1-0.1+19.2-5.5+24.6

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 38Pending

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

AI summary

Navkar Corporation Limited has informed the stock exchanges that Mr. Arun Sharma, Chief Executive Officer and Key Managerial Personnel of the company, has resigned due to personal reasons. He submitted his resignation letter dated June 5, 2025 and will be relieved from his duties at the end of business hours on September 5, 2025, giving roughly a three-month transition period. The intimation was filed under SEBI Listing Regulations by the Company Secretary, Deepa Gehani. No replacement or successor has been announced in this filing.

Likely market impact

Shareholders should note a leadership transition at the top, though the three-month notice period provides time for an orderly handover. The market may react mildly until the company announces a new CEO; absence of a disclosed successor could keep the stock under short-term watch.