Pursuant to Regulation 30 of SEBI(LODR), Regulations, 2015 that Mr. Gaurav Jindal has tendered his resignation from the position of the Chairman of the company.

Kmp ResignedManagement Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.0%1-day move

₹0.38

prior close

₹0.38

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.6+2.6+2.6+2.6+0.0+2.6+0.0+0.0+2.6+5.3+5.3+2.6+2.6+2.6

Up moveDown movePending

AI summary

Standard Capital Markets Ltd has informed the BSE that Mr. Gaurav Jindal has stepped down from the position of Chairman of the company with immediate effect, via a filing under Regulation 30 of SEBI (LODR) Regulations, 2015. The resignation is due to a proposed change in his role/position within the company, and he will continue to be associated with the company in a new capacity as decided by the Board. The resignation letter dated March 31, 2026 has been enclosed with the intimation. The communication is signed by Ram Gopal Jindal, Managing Director. No reason of personal, governance, or financial concern has been cited — the move is described as a planned internal role reshuffle.

Likely market impact

Since Mr. Jindal is not leaving the company but only shifting from the Chairman role to another capacity, this is largely an internal board reshuffle with limited direct impact on shareholders or the stock price. Investors should watch for the company's next announcement regarding his new role and the appointment of a new Chairman.