Varvee Global: CMD Jaimin Gupta named CFO; CS Abira Mansuri resigns

Kmp ResignedManagement Changes View source PDF Explain this filing

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

+1.9%Reaction day

₹61.32

prior close

₹60.10

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+2.4% vs market

Other Textile Products peers, median of 179sector-0.6%+2.5% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.5 pts more than its Other Textile Products 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+1.9-0.6+2.4-0.6+2.5

Next day

+1.9+0.5+1.4+0.0+1.9

+0.5+1.9-1.4+0.5-0.1

+0.5+2.3-1.8+0.6-0.2

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+1.9+4.0-2.1+0.3+1.6

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15d

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+4.4+4.8-0.4-2.3+6.7

-13.6pendingpending-5.5-8.2

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 179Pending

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

AI summary

Board appointed Mr. Jaimin Gupta as Chief Financial Officer effective July 29, 2026. Gupta is already the Chairman and Managing Director of the company. He has 9 years of textile industry experience and was formerly CEO of Vaxtex Cotfab. Separately, Mrs. Abira Mansuri resigned as Company Secretary, Compliance Officer and Nodal Officer (KMP) citing better career opportunity, effective close of business on July 29, 2026.

Likely market impact

CMD taking on CFO role may raise governance questions; Company Secretary vacancy to be filled. Watch for further updates.