Company Secretary and Compliance Officer resigns

Kmp ResignedManagement Changes View source PDF Explain this filing

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

-4.2%Reaction day

₹0.24

prior close

₹0.23

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-4.3% vs market

Diversified Commercial Services peers, median of 73sector-0.3%-3.9% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 3.9 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-4.2+0.1-4.3-0.3-3.9

Next day

+0.0-0.9+0.9-0.6+0.6

+0.0-0.2+0.2-0.9+0.9

+0.0-0.7+0.7-1.0+1.0

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+0.0-1.2+1.2-1.3+1.3

+0.0-2.0+2.0-1.4+1.4

15d

+4.2+0.0+4.1-0.8+4.9

+4.2+2.5+1.7-0.2+4.4

-4.2+1.1-5.3-3.3-0.9

-8.3+1.2-9.5-6.2-2.1

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 73Pending

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

AI summary

Mrs Shagun Rathi, Company Secretary and Compliance Officer of Shangar Decor Limited, resigned effective close of business on 13 July 2026 due to personal reasons. The resignation was accepted by Managing Director Samirbhai Shah on behalf of the Board. No replacement has been announced yet. As Company Secretary, she was a Key Managerial Personnel under the Companies Act.

Likely market impact

Minor governance event. The company must appoint a new KMP within six months. Limited direct impact on operations or stock price in the short term.