NUCLEUSNSENucleus Software Exports Limited· IT - SoftwareHighNegative
Announced Mon, 19 May, 2025 · 19:40 IST

Nucleus Software Exports Limited has informed the Exchange regarding Resignation of Mr. Surya Prakash Kanodia as Chief Financial Officer and Key Managerial Personnel of the company w.e.f. May 21, 2025.

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

NUCLEUS · price

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▲ 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
-7.5%Reaction day
₹1323.95
prior close
₹1336.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.1%-6.4% vs market
Software Products peers, median of 32sector+0.1%-7.6% vs sector

On the reaction day the stock moved 6.4 pts less than Nifty Microcap 250 and 7.6 pts less than its Software 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
5m
-4.8
10m
-4.6
15m
-5.2
30m
-4.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-7.5-1.1-6.4+0.1-7.6
Next day
-8.6-0.3-8.3-0.1-8.5
2d
-2.8-0.4-2.4-1.4-1.4
3d
-5.4+0.3-5.6-0.2-5.2
4d
-6.5+0.8-7.3-1.4-5.0
5d
-1.7+0.7-2.5-1.5-0.3
1w
-2.7+1.4-4.1-1.1-1.6
15d
-5.9+4.7-10.6-1.1-4.8
1m
-13.1+0.7-13.7-5.3-7.7
2m
-18.3+6.4-24.7-5.6-12.7
3m
-22.5+2.7-25.2-4.4-18.1
UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 32Pending

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

AI summary

Nucleus Software Exports Limited has informed the stock exchanges that Mr. Surya Prakash Kanodia has resigned as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. His resignation will take effect from the close of business hours on May 21, 2025, with the resignation letter dated May 19, 2025. In his letter, Mr. Kanodia stated he is leaving to pursue professional goals outside the organization. The company has placed on record its appreciation for his services during his tenure. No details regarding a successor or interim CFO arrangement have been mentioned in this filing.

Likely market impact

The departure of the CFO creates a temporary leadership gap in the finance function, which may cause short-term uncertainty until a replacement is announced. Investors will likely watch for a timely appointment of a new CFO, as delays could affect financial reporting and strategic decision-making.