BSENihar Info Global LtdHighNegative
Announced Fri, 29 May, 2026 · 22:24 IST

Resignation of Ms. Pujitha Gudipudi from the position of Chief Financial Officer (CFO) of the company with effect from end of business hours on 29th May, 2026.

Cfo ResignedManagement Changes View source PDFExplain this filing

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Price reactionminutes from the announcement price · days from the prior close
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Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+1.7% vs market
Software Products peers, median of 40sector-0.2%+0.8% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 0.8 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Ms. Pujitha Gudipudi has tendered her resignation as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Nihar Info Global Ltd. The resignation was submitted on March 31, 2026, citing personal reasons, and became effective at the close of business hours on May 29, 2026. With this, she ceases to hold the position of KMP under Section 203 of the Companies Act, 2013 and Regulation 30 of the SEBI (LODR) Regulations, 2015. The company has not announced a successor to the CFO position at this stage. The Managing Director is Divyesh Nihar Boda, and the company's registered office is in Secunderabad, Telangana.

Likely market impact

The departure of the CFO creates a leadership gap in the finance function. Until a replacement is announced, investors should monitor for any impact on financial reporting timelines and corporate governance stability.