RESIGNATION FROM POST OF MD
Price
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Awaiting price reaction for this filing.
NMS Global Limited informed the exchanges that Mr. Sugan Chaudhary (DIN: 07239488) has resigned from the post of Managing Director effective 7 November 2025, citing personal reasons. He will, however, continue as a Director on the board. In the same board meeting held on 7 November 2025, the company appointed Mr. Dhananjai Gupta (DIN: 09313878) as the new Managing Director for a term of five years, subject to shareholder approval. Mr. Gupta, born in 1996, is described as having experience in corporate finance, accounting, taxation, auditing and business strategy. Notably, his father is Mr. Pankaj Chander, who is an existing Director (DIN: 00053351) on the company's board.
The change at the top is largely a leadership swap rather than a strategic shift, but the incoming MD is the son of an existing Director, which signals continuity of family/promoter control. Shareholders should watch for the new MD's strategic direction, and any unusual share price reaction may be short-term in nature given the personal reasons cited for the exit.