Company Secretary and General Counsel resigns at Sudarshan Chemical

Kmp ResignedManagement Changes View source PDF Explain this filing

SUDARSCHEM · price

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

+1.0%Reaction day

₹1238.00

prior close

₹1226.00

announcement price

After-mkt

timing

Nifty Microcap 250market-0.6%+1.6% vs market

Dyes And Pigments peers, median of 9sector+0.8%+0.2% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 0.2 pts more than its Dyes And Pigments 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

+0.4

10m

+0.8

15m

+1.2

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.6+1.6+0.8+0.2

Next day

+0.8+0.0+0.8+2.8-2.0

-1.6+0.7-2.3+2.0-3.6

+0.3+1.1-0.8+8.3-8.0

-1.5+1.6-3.1+9.7-11.2

+1.7+1.5+0.2+6.3-4.6

+0.6+1.4-0.8+3.1-2.6

15d

-1.5+0.4-1.9+3.7-5.2

-0.6-1.4+0.8-3.1+2.6

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UpDownMarket · Nifty Microcap 250Sector · Dyes And Pigments peers, median of 9Pending

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

AI summary

Mandar Velankar, General Counsel, Company Secretary and Compliance Officer of Sudarshan Chemical Industries, has resigned effective 1 September 2026 to pursue a career opportunity outside the organisation. He completed his notice period. Velankar held 6,581 equity shares, including 3,579 allotted under an ESOP plan on 28 August 2026 that are still in the listing process. The company is working on filling the vacancy and will announce a successor later.

Likely market impact

Loss of a key compliance and legal officer at a time when succession is pending. Investors should watch for the successor announcement.