Independent Director Mr Kundan Mal Agarwal passes away

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

-2.3%Reaction day

₹1057.00

prior close

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announcement price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.2%-1.1% vs market

Residential Commercial Projects peers, median of 61sector-1.3%-1.0% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Smallcap 250 and 1.0 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Smallcap 250Sector · Residential Commercial Projects peers, median of 61Pending

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

AI summary

Signatureglobal (India) Limited informed the exchanges about the demise of Mr Kundan Mal Agarwal, Non-Executive Independent Director (DIN: 00043115), on the night of February 17, 2026. The company expressed condolences and acknowledged his contribution during his tenure as an Independent Director.

Likely market impact

Independent director seat on the board falls vacant. Company will need to fill the position to comply with SEBI board composition requirements.