Board meeting for Resignation of Whole time Director held on 2nd June, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.4 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Sera Investments & Finance India Ltd approved the resignation of Mr. Sagar Samir Shah (DIN: 03082957) from the post of Whole Time Director, effective 2nd June 2026. The resignation is attributed to personal reasons. Mr. Shah holds 22,50,000 shares in the company. The disclosure was signed by Shweta Samir Shah, Managing Director, who shares the 'Samir Shah' surname with the outgoing director, suggesting they are family members. The board meeting was held on 2nd June 2026 from 2:45 PM to 3:30 PM.
A Whole Time Director is a Key Managerial Personnel, so this is a leadership-level exit. However, the Managing Director (likely a family member) remains in place, suggesting continuity of promoter control. The resignation is for personal reasons with no negative governance flag, so immediate stock impact is likely minimal.