ABDL appoints Ramakrishnan Ramaswamy as new CFO from Feb 2, 2026

Management Changes View source PDF Explain this filing

ABDL · price

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

+8.9%Reaction day

₹454.80

prior close

₹450.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.9%+8.0% vs market

Breweries & Distilleries peers, median of 24sector+1.7%+7.2% vs sector

On the reaction day the stock moved 8.0 pts more than Nifty Smallcap 250 and 7.2 pts more than its Breweries & Distilleries 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

-1.1

10m

-1.1

15m

-1.0

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.9+0.9+8.0+1.7+7.2

Next day

+9.7-0.8+10.5+0.2+9.5

+12.0+2.1+9.9+2.6+9.3

+12.1+2.9+9.2+4.6+7.5

+13.2+1.8+11.4+3.7+9.6

+12.3+1.5+10.8+3.4+8.8

+12.4+4.6+7.8+4.1+8.4

15d

+10.9+2.1+8.8+3.4+7.5

+2.9-0.3+3.2-3.8+6.7

-12.7-8.6-4.1-10.2-2.6

+17.3+7.0+10.3+2.2+15.1

UpDownMarket · Nifty Smallcap 250Sector · Breweries & Distilleries peers, median of 24Pending

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

AI summary

ABDL appoints Ramakrishnan Ramaswamy as new CFO effective February 2, 2026. Current CFO Jayant Manmadkar moves to a new Group Finance Director role from February 1, 2026, focusing on capital investments, M&A and digital transformation. Ramaswamy previously served as ABD's CFO from 2010 to 2024 and led the July 2024 IPO. The realignment supports ABD's luxury segment entry via ABD Maestro Pvt Ltd and capacity expansion.

Likely market impact

Planned realignment brings back a familiar former CFO for continuity. Outgoing CFO stays with the company in a new role, minimizing disruption.