Yaap Digital: New CEO appointed, CMD resigns

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

YAAP · price

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

+11.9%Reaction day

₹97.30

prior close

₹104.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+11.2% vs market

On the reaction day the stock moved 11.2 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+11.9+0.7+11.2

Next day

+8.4-1.0+9.4

+8.9-0.3+9.2

+2.8-1.9+4.7

+2.0-4.5+6.4

-2.4-5.5+3.1

-7.5-7.3-0.2

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AI summary

Yaap Digital Limited announced that Mr. Laxmiraj Seetharam Nayak resigned as Chairman and Managing Director effective October 9, 2026. The Board appointed Mr. Anjan Roy as new Chairman, Managing Director and CEO for three years effective October 14, 2026. Mr. Anjan Roy was already a Senior Partner at the company. Board committees were re-formed.

Likely market impact

Leadership change with a smooth internal transition. Anjan Roy, already Senior Partner, takes over as Chairman, MD and CEO.