OPTIVALUENSEOPTIVALUE TEK CONSULT LTDMediumNeutral
Announced Fri, 23 Oct, 2026 · 18:16 IST

Independent Director resigns for personal reasons

OPTIVALUE · 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
-2.6%Reaction day
₹193.00
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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-3.0% vs market

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mr Keshavamurthy Rajendra (DIN 11881853) resigned as an Additional Director in the independent category and Non-Executive Independent Director, effective from the close of business on 8 October 2026. He cited personal reasons, including an extended stay in the United States to be with his daughter, which limited his availability. The company accepted his resignation and confirmed there were no other material reasons.

Likely market impact

One independent director has left, so board oversight may be affected. The filing cites personal reasons and does not report any dispute or financial impact.