Intimation regarding completion of tenure of Whole Time Director

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

-3.3%Reaction day

₹11.80

prior close

₹11.86

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-3.0% vs market

Non Banking Financial Company (NBFC) peers, median of 194sector+0.0%-3.3% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 3.3 pts less than its Non Banking Financial Company (NBFC) 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

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Sessions after the filingfrom the prior close

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Reaction day

-3.3-0.3-3.0+0.0-3.3

Next day

-6.0-0.1-6.0-0.1-5.9

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 194Pending

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AI summary

Smart Finsec Ltd has informed BSE that Mr. Rajinder Kumar Arora has completed his current term as Whole-Time Director of the company and consequently ceased to be a Director with effect from October 8, 2025. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The company has not announced any replacement appointment in this filing. The intimation has been signed by Rajvinder Kaur, Company Secretary and Compliance Officer.

Likely market impact

This is a routine, pre-scheduled end of a director's tenure rather than a sudden exit, so the immediate impact on shareholders is likely minimal. Investors should watch for a subsequent announcement regarding the appointment of a new Whole-Time Director to fill the vacancy on the board.