Pursuant to Regulation 30 of SEBI (LODR) we wish to inform you that Mr. Shripal Bafna has resigned from the Position of Whole Time Director (Executive Category) of the Company with effect ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 2.4 pts more than its Computers Hardware & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
VCU Data Management Ltd has informed the BSE that Mr. Shripal Bafna (DIN: 06489822) has resigned from the position of Whole Time Director (Executive Category) effective close of business hours on June 23, 2025. He cited personal reasons, stating he is unable to devote sufficient time to the company's business. The resigning director confirmed there are no other material reasons for his exit beyond those mentioned in his resignation letter, and he does not hold directorships in any other listed entity. The announcement was signed by Sanjay Manharlal Joshi, Managing Director, indicating the top leadership remains in place. The filing was made under Regulation 30 of SEBI (LODR) read with Schedule III.
This is a routine board-level change with no governance red flags raised, but the exit of a whole-time director from a small-cap company may create short-term uncertainty around operational continuity. Investors should watch for any replacement appointment announcement in the coming weeks to assess management stability.