BSEAmic Forging Ltd· Industrial ProductsHighNeutral
Announced Mon, 22 Sept, 2025 · 16:18 IST

Amic Forging Limited has informed regarding the appointment of Mr. S Subrahmanyan as an additional Director (Non Executive) of the Company with effect from October 3, 2025.

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

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
+2.6%Reaction day
₹1525.00
prior close
₹1558.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+2.9% vs market
Castings & Forgings peers, median of 20sector-0.4%+3.0% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.0 pts more than its Castings & Forgings 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
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5m
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Reaction day
+2.6-0.3+2.9-0.4+3.0
Next day
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-3.9-2.4-1.6-3.3-0.7
15d
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1m
-0.9-1.4+0.5-1.0+0.1
2m
-3.9-4.9+0.9-8.8+4.9
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+0.6-5.9+6.5-7.0+7.6
UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 20Pending

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

AI summary

Amic Forging Ltd's board has approved two key changes. Mr. S. Subrahmanyan, a former senior executive at Hindustan Aeronautics Limited (HAL) with over 37 years in aerospace, has been appointed as an Additional Director (Non-Executive) effective October 3, 2025, subject to shareholder approval. Separately, Mr. Anshul Chamaria has resigned as Chief Financial Officer effective October 31, 2025, but will continue as Whole-Time Director to focus on strategic initiatives. The resignation is linked to the company scaling its operations.

Likely market impact

CFO transition with continuity in leadership since Anshul Chamaria stays on as WTD. The new director adds deep aerospace industry expertise, which could support Amic Forging's growth in that sector. Shareholders should watch for the successor CFO appointment.