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ZENITHEXPONSEZenith Exports Limited· Consumer DurablesHighNegative
Announced Thu, 19 Mar, 2026 · 17:14 IST

Zenith Exports Limited has informed the Exchange regarding Resignation of Mr Subhajeet Kar as Independent Director of the company w.e.f. March 19, 2026.

ZENITHEXPO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.7%Reaction day
₹183.00
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+1.9% vs market
Leather And Leather Products peers, median of 8sector+1.4%+1.4% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 1.4 pts more than its Leather And Leather Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.7+0.9+1.9+1.4+1.4
Next day
-1.6-3.8+2.1-3.9+2.3
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-1.1-1.0-0.1-6.6+5.5
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+2.7+1.3+1.4-2.7+5.5
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+2.4-1.5+3.9-6.1+8.5
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+2.4-4.4+6.8-9.2+11.6
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+3.8+0.7+3.1+1.6+2.2
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+22.8+12.6+10.2+12.4+10.4
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+18.3+13.3+5.0+12.5+5.8
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+11.8+16.4-4.6+6.3+5.5
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+18.3+28.1-9.8+8.7+9.6
UpDownMarket · Nifty Microcap 250Sector · Leather And Leather Products peers, median of 8Pending

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

AI summary

Mr. Subhajeet Kar (DIN: 07148810) has resigned from the post of Non-Executive, Independent Director of Zenith Exports Limited with immediate effect from March 19, 2026. The reason cited is personal reasons, and he confirmed there are no other material reasons for his resignation. Consequently, he will also cease to be a member of the Audit Committee and Stakeholders Relationship Committee of the company. His resignation letter and required disclosures under SEBI LODR Regulations have been submitted to the exchanges.

Likely market impact

This is a routine board-level change due to personal reasons with no governance red flags raised. Shareholders should monitor whether the company fills this independent director position within the SEBI-mandated timeline to maintain board composition compliance.