Resignation of Company Secretary and Compliance Officer

Kmp ResignedManagement Changes View source PDF Explain this filing

BYKE · price

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

+2.5%Reaction day

₹34.97

prior close

₹35.93

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+1.4% vs market

Hotels & Resorts peers, median of 56sector-0.0%+2.5% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 2.5 pts more than its Hotels & Resorts 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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10m

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15m

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30m

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Reaction day

+2.5+1.1+1.4-0.0+2.5

Next day

+3.1+1.2+1.9-0.5+3.6

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+4.9+3.5+1.4+0.7+4.2

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15d

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UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 56Pending

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

AI summary

CS Ritika Jaiswal has tendered her resignation from the position of Company Secretary and Compliance Officer at The Byke Hospitality Ltd. Her resignation letter dated May 4, 2026 cites pursuit of career opportunities outside the organisation as the reason. She confirms there is no other material reason for her departure. The resignation will take effect from close of business hours on May 30, 2026. The Board of Directors has placed on record its appreciation for the valuable services rendered by her during her tenure. As Company Secretary, she also held the status of Key Managerial Personnel (KMP) under SEBI regulations.

Likely market impact

This is a governance and compliance-related change. While the company will need to appoint a replacement to maintain regulatory compliance, the departure appears routine as the reason is career progression rather than any dispute or governance concern.