Intimation of resignation of Company Secretary and Compliance Officer

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

-1.7%Reaction day

₹4.20

prior close

₹4.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%-0.4% vs market

Trading - Textile Products peers, median of 6sector-1.1%-0.6% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.6 pts less than its Trading - Textile Products 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

-4.5

10m

-4.5

15m

-4.0

30m

+3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-1.2-0.4-1.1-0.6

Next day

-2.1+0.3-2.4-0.9-1.3

-1.0+0.6-1.5-0.5-0.4

-3.6-0.1-3.4-0.6-3.0

-4.3-1.7-2.6-3.1-1.1

-6.0-1.2-4.8-1.9-4.1

-13.8-2.6-11.2-3.9-9.9

15d

-7.1-1.0-6.1-7.3+0.1

-2.9-3.9+1.0+0.7-3.6

-19.0-4.2-14.9-5.4-13.7

+6.7-0.7+7.4+3.4+3.3

UpDownMarket · Nifty Microcap 250Sector · Trading - Textile Products peers, median of 6Pending

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

AI summary

Nivaka Fashions Ltd has informed the stock exchanges that Ms. Monika Jain has resigned from the post of Company Secretary and Compliance Officer of the company, effective 25 July 2025, citing personal reasons. As a result, she also ceases to be a Key Managerial Personnel (KMP) of the company. The communication was signed by Managing Director Mr. Bhavin Jain and submitted to both BSE and MSEI under Regulation 30 of the SEBI Listing Regulations. No replacement has been announced in this filing, and the company will need to appoint a new Company Secretary and Compliance Officer in due course. The resignation appears routine and is driven by personal reasons rather than any stated governance or performance issues.

Likely market impact

This is a routine KMP-level exit due to personal reasons and is unlikely to materially affect the stock price or operations. Shareholders should watch for a follow-up announcement regarding the appointment of a new Company Secretary, as a listed company cannot remain without one for long under SEBI rules.