BSESouthern Infoconsultants Ltd· IT - SoftwareHighNegative
Announced Tue, 6 May, 2025 · 10:33 IST

We regret to inform you of the untimely and demise of our director Mr. Rakesh Mohan Sharma on 05.05.2025

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
-5.6%Reaction day
₹24.36
prior close
₹24.99
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.6%-3.0% vs market
Computers - Software & Consulting peers, median of 60sector-1.5%-4.1% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 4.1 pts less than its Computers - Software & Consulting 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
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-5.6-2.6-3.0-1.5-4.1
Next day
-5.0-1.4-3.6-0.9-4.1
2d
-5.6-2.2-3.4-1.4-4.2
3d
-2.5-2.3-0.2-2.0-0.5
4d
-6.6+2.2-8.8+4.3-10.9
5d
-5.5+3.9-9.4+4.9-10.4
1w
-7.6+6.6-14.2+8.2-15.8
15d
-10.1+9.5-19.6+7.9-18.0
1m
-6.6+11.4-18.0+7.6-14.2
2m
-1.5+13.8-15.3+7.7-9.2
3m
+5.4+9.9-4.5+0.8+4.7
UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 60Pending

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

AI summary

Southern Infoconsultants Ltd has informed BSE about the untimely demise of Mr. Rakesh Mohan Sharma, a Non-Executive Director and founder of the company, on 5th May 2025. Mr. Sharma was appointed as a Non-Executive Director and played an active role in Board and Committee meetings during his tenure. The company described his loss as irreparable and conveyed condolences to his family. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Likely market impact

The sudden loss of the founder and a Board member may create short-term uncertainty around leadership continuity and strategic direction, though the board continues to function. Shareholders should watch for any subsequent announcement regarding board reconstitution.