Chief Product Officer Nitesh Lohiya resigns

Kmp ResignedManagement Changes View source PDF Explain this filing

SHADOWFAX · 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

-1.1%Reaction day

₹242.80

prior close

₹253.09

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-2.5% vs market

Logistics Solution Provider peers, median of 42sector+0.7%-1.9% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 1.9 pts less than its Logistics Solution Provider 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

-1.7

10m

-1.5

15m

-3.2

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+1.3-2.5+0.7-1.9

Next day

+2.5+1.8+0.7+0.9+1.7

+0.2+3.1-2.9+1.6-1.4

-1.1+3.5-4.5+1.3-2.4

-1.3+3.5-4.7+0.8-2.0

+2.1+3.4-1.3+0.6+1.5

+2.3+3.6-1.4-0.1+2.4

15d

+8.0+4.9+3.2-0.2+8.2

+7.0+4.4+2.6+0.0+7.0

+19.0+2.9+16.1-1.5+20.6

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 42Pending

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

AI summary

Shadowfax Technologies has informed the exchange about the resignation of Mr. Nitesh Lohiya from the position of Chief Product Officer. His last working day will be August 7, 2026. He cited personal career aspirations as the reason for stepping down. He has been classified as Senior Management Personnel.

Likely market impact

Loss of a senior product leader; no governance concerns flagged. Watch for replacement announcement.