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BSEShangar Decor Ltd· Commercial Services & SuppliesHighNegative
Announced Wed, 2 Jul, 2025 · 19:20 IST

Company Secretary & Compliance Officer of the company resigned from the company w.e.f. 02.07.2025.

Key managerial personnel resignedManagement Changes View source PDFExplain this filing

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
-4.6%Reaction day
₹0.65
prior close
₹0.62
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-4.7% vs market
Diversified Commercial Services peers, median of 68sector-0.3%-4.3% vs sector

On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 4.3 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.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
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10m
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15m
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-4.6+0.1-4.7-0.3-4.3
Next day
-9.2+0.5-9.7+0.1-9.4
2d
-12.3-0.0-12.3-0.2-12.1
3d
-15.4-0.1-15.3-0.7-14.7
4d
-18.5+0.4-18.8+0.1-18.5
5d
-21.5+0.7-22.3+0.0-21.5
1w
-15.4+0.4-15.7-0.5-14.9
15d
-30.8+1.1-31.8-3.4-27.4
1m
-29.2-2.0-27.2-5.4-23.8
2m
-36.9-1.9-35.0-5.7-31.2
3m
-49.2-2.7-46.5-6.2-43.0
UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 68Pending

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

AI summary

Shangar Decor Ltd has informed the stock exchange that Shubhangi Chourasia, the Company Secretary and Compliance Officer, has resigned from the company effective from the close of business hours on July 2, 2025. According to the company's intimation, she is leaving to pursue an alternate career opportunity outside the organisation, while her personal letter cites a pre-occupied schedule. The Board has acknowledged her resignation. The company has not yet announced a replacement for the role. The communication is signed by Managing Director Samirbhai Shah.

Likely market impact

The Company Secretary is a Key Managerial Personnel, so this is a noteworthy governance change. Investors should watch for a timely appointment of a new Compliance Officer, as a vacancy in this role can create short-term compliance and disclosure risks if not filled quickly.