SCMLNSESHARP CHUCKS N MACHINES LMediumNeutral
Announced Wed, 7 Oct, 2026 · 17:47 IST

Non-Executive Director Gurdeep Singh resigns from the board

SCML · 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
+3.9%Reaction day
₹97.20
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Nifty Microcap 250market · in no size index; the smallest one is used-2.8%+6.7% vs market

On the reaction day the stock moved 6.7 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mr. Gurdeep Singh, a Non-Executive Non-Independent Director, has resigned from the board of Sharp Chucks and Machines Limited with effect from 7 October 2026. The reason cited is increased professional commitments and time constraints. The company has not flagged any governance concerns. The position is a non-executive, non-independent directorship.

Likely market impact

Minor board change; no immediate impact on operations or shareholder value expected.