MD Sikndar Hafiz Khan resigns from Reliable Ventures India

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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+5.0%Reaction day

₹24.06

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Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+5.5% vs market

Hotels & Resorts peers, median of 55sector-0.4%+5.4% vs sector

On the reaction day the stock moved 5.5 pts more than Nifty Microcap 250 and 5.4 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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+5.0-0.5+5.5-0.4+5.4

Next day

+6.0-1.5+7.5-1.4+7.4

+3.9-0.9+4.9-0.7+4.7

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+1.4+1.2+0.2-5.3+6.7

+18.7+1.2+17.6-8.8+27.5

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 55Pending

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AI summary

Mr. Sikndar Hafiz Khan has resigned as Managing Director and Director of Reliable Ventures India Ltd, effective July 15, 2026. The stated reason is 'change in management.' No replacement has been announced yet. Director Kaladharan Panchena signed the disclosure filing to BSE under Regulation 30.

Likely market impact

Loss of top leadership with no successor named. Watch for governance changes and potential instability at the company.