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

-5.0%Reaction day

₹195.05

prior close

₹212.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-5.9% vs market

Iron & Steel Products peers, median of 95sector+0.1%-5.1% vs sector

On the reaction day the stock moved 5.9 pts less than Nifty Microcap 250 and 5.1 pts less than its Iron & Steel 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

Stock

+0.0

10m

+0.0

15m

+0.0

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0+0.9-5.9+0.1-5.1

Next day

-4.2+0.8-5.0+0.0-4.2

-3.7+0.7-4.4-0.6-3.1

-3.7+1.3-5.0-0.9-2.7

-3.7+0.5-4.2-1.8-1.9

-5.8+0.4-6.1-2.6-3.2

-9.6-1.5-8.1-3.3-6.2

15d

-0.8-2.4+1.7-4.9+4.1

-2.8-4.4+1.6-6.0+3.2

-4.1-7.2+3.1-7.6+3.5

-10.3-5.0-5.3-9.3-1.0

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 95Pending

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

AI summary

Ahmedabad Steelcraft's board, at its meeting on November 11, 2025, approved the standalone un-audited financial results for the quarter and half year ended September 30, 2025, along with the limited review report from statutory auditors M/s. Prateek Gupta & Co. Separately, the board accepted the resignation of Chief Financial Officer Mr. Kamlesh Kumar Sharma, effective from the close of business hours on November 11, 2025. The CFO has cited moving to a CFO role in another group company as the reason for his departure and confirmed there are no other material reasons behind his resignation. Detailed financial figures were not included in this filing; they would be in the attached results document.

Likely market impact

The CFO's departure to a group company is generally seen as a routine internal reshuffle rather than a red flag, but investors should watch for timely appointment of a new CFO and review the actual Q2 numbers when released. Leadership continuity at the finance function will be a near-term focus for the stock.