Chairman Manoj Kohli resigns; Ullas Kamath named new Non-Executive Chairman

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UNIECOM · price

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

-3.0%Reaction day

₹86.55

prior close

₹84.21

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-1.0% vs market

IT Enabled Services peers, median of 75sector-2.1%-0.9% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.9 pts less than its IT Enabled Services 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

+1.6

10m

+1.0

15m

+1.0

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.0-2.0-1.0-2.1-0.9

Next day

-0.7-0.1-0.5-1.4+0.7

-2.8-1.6-1.3-2.2-0.6

+3.9-2.7+6.6-2.6+6.5

+4.0+0.3+3.7-1.9+5.9

+6.3+2.0+4.3-0.9+7.3

+4.1+3.7+0.4-0.0+4.2

15d

+0.8+5.2-4.4-2.1+2.9

+0.6+3.3-2.7-4.3+4.9

-2.6+9.0-11.6-3.7+1.1

-3.1+11.8-14.9-4.4+1.3

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 75Pending

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

AI summary

Unicommerce eSolutions informed the exchanges that Chairman and Independent Director Manoj Kumar Kohli has resigned due to personal circumstances, effective July 4, 2026 (30 days from his June 4 letter). Existing Independent Director Kasaragod Ullas Kamath will be re-designated as Non-Executive Chairman from the same date. Kamath is a chartered accountant and former Joint MD of Jyothy Labs, and also serves on boards of V-Guard, Wonderla, and Veranda Learning Solutions.

Likely market impact

Smooth board transition with an existing director taking over as Chairman. Kohli cited personal reasons; no governance concerns flagged.