PAKKA LIMITED has informed the Exchange regarding Cessation of Mr Jagdeep Hira as Managing Director of the company w.e.f. August 13, 2025.

CEO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

PAKKA · price

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

-8.4%Reaction day

₹175.22

prior close

₹164.35

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-7.6% vs market

Paper & Paper Products peers, median of 36sector-0.5%-7.9% vs sector

On the reaction day the stock moved 7.6 pts less than Nifty Microcap 250 and 7.9 pts less than its Paper & Paper 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

+0.8

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15m

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30m

+1.2

Sessions after the filingfrom the prior close

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Reaction day

-8.4-0.8-7.6-0.5-7.9

Next day

-7.0+0.7-7.7+0.2-7.2

-6.9+1.9-8.8+0.3-7.2

-7.0+1.8-8.8+0.7-7.7

-7.7+2.1-9.8+1.8-9.5

-8.9+1.5-10.5+0.8-9.8

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15d

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-9.2+2.9-12.1+1.8-11.0

-18.7-0.6-18.1-0.9-17.8

-35.2+1.3-36.5-1.4-33.8

UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 36Pending

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

AI summary

Mr. Jagdeep Hira has resigned as Managing Director (Key Managerial Personnel) of Pakka Limited with effect from August 13, 2025. According to his resignation letter, he led the company for close to 9 years and is stepping down for personal reasons, specifically to prioritize his health and family. The Board of Directors accepted his resignation on the same day. He also held the role of India Business Head. The company has not yet announced a successor in this filing.

Likely market impact

The sudden exit of a long-serving Managing Director can create short-term leadership uncertainty and may weigh on investor sentiment until a replacement is announced. Shareholders should watch for further updates on the appointment of a new MD and any strategic continuity plans.