Announced Tue, 14 Apr · 17:13 IST
Independent Director Rajesh Kumar Vaid resigns effective 14 April 2026
Management Changes View source PDF
Price
▲ 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
+4.7%1-day move
₹7.25
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.7+9.8+15.2+20.3+16.6+13.0+2.1-2.6-24.1-21.4
Up moveDown movePending
AI summary
Mr. Rajesh Kumar Vaid (DIN: 09201120) has resigned as Independent Director of Svam Software Ltd effective 14 April 2026, citing personal reasons. He confirmed there are no material reasons for his exit and no unresolved disputes with the company. A board meeting was held the same day (4:30 PM to 5:00 PM) to note the resignation.
Likely market impact
Neutral impact. A single personal-reason resignation with no governance flags. Company must fill the vacancy to meet board composition rules.