due to inadvertent clerical error in earlier filing dated 07.11.2025, we are resubmitted the same

Ceo ResignedPromoter Family Board EntryManagement Changes View source PDF Explain this filing

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

+4.9%Reaction day

₹79.94

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+5.3% vs market

Trading & Distributors peers, median of 130sector-0.4%+5.3% vs sector

On the reaction day the stock moved 5.3 pts more than Nifty Microcap 250 and 5.3 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+4.9-0.4+5.3-0.4+5.3

Next day

-0.4-0.6+0.3-1.3+1.0

+0.1+0.3-0.2-0.8+0.9

+0.3+0.2+0.1-1.2+1.6

+1.4+0.1+1.2-1.6+3.0

+7.4+0.7+6.7-2.5+9.9

+1.3-0.3+1.6-3.2+4.5

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-2.6-2.0-0.5-7.3+4.7

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-21.2-7.8-13.4-11.9-9.3

+15.1-4.6+19.7-13.6+28.7

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 130Pending

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

AI summary

NMS Global Ltd informed the stock exchanges that Mr. Sugan Chaudhary has resigned from the post of Managing Director with immediate effect from 7 November 2025, citing personal reasons. He will continue to serve on the board as a Director. The Board has appointed Mr. Dhananjai Gupta as the new Managing Director for a five-year term, subject to shareholder approval at the next general meeting. Notably, Mr. Gupta is the son of Mr. Pankaj Chander, who is a Promoter Director on the board. This filing is a resubmission of the same announcement made on 7 November 2025, correcting an inadvertent clerical error in the earlier version.

Likely market impact

The change replaces the existing Managing Director with a member of the promoter family, which may raise governance concerns among minority shareholders about concentration of power within the promoter group. In the short term, the transition is unlikely to affect operations but could influence investor sentiment depending on how the new MD's strategy unfolds.