BSENDA Securities LtdMediumNegative
Announced Mon, 6 Apr · 17:03 IST

In continuation of our previous intimation submitted dated 30 March 2026, please find enclosed herewith the details as required in compliance with the regulation 30 of SEBI (LODR) 2015.

Kmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.1%1-day move
₹36.66
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.1+5.8+5.0+4.7+4.2+0.3+3.7-20.6-12.8
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AI summary

NDA Securities Limited has disclosed the resignation of Mr. Akshay Saxena as Independent Director, effective 23 March 2026. The resignation was submitted via email on 23 March 2026, citing severe ongoing health issues and urgent family matters that prevented him from fulfilling his duties. The company received his confirmation that there are no material reasons for resignation beyond those stated. Mr. Saxena's DIN was 10558168, and he also held independent director positions at Standard Capital Markets Limited and Standard Arc Limited.

Likely market impact

The resignation of an Independent Director reduces board independence and may raise governance concerns, especially given the director's prior unresponsiveness and inability to attend meetings. Shareholders should monitor for replacement appointment to maintain board compliance.