BSEAmic Forging Ltd· Industrial ProductsHighNegative
Announced Mon, 22 Sept, 2025 · 16:13 IST

Resignation of Chief Financial Officer of the Company

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
Stock
5m
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15m
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.6-0.3+2.9-0.4+3.0
Next day
-1.6-0.6-1.0-0.8-0.9
2d
-3.3-1.7-1.6-1.5-1.8
3d
-6.2-3.8-2.5-2.7-3.6
4d
-3.5-4.6+1.1-2.3-1.1
5d
-3.3-5.0+1.6-4.1+0.7
1w
-3.9-2.4-1.6-3.3-0.7
15d
-4.9-3.0-2.0-2.9-2.0
1m
-0.9-1.4+0.5-1.0+0.1
2m
-3.9-4.9+0.9-8.8+4.9
3m
+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 of Directors, at a meeting held on September 22, 2025, approved two key changes. First, Mr. Anshul Chamaria has resigned from the position of Chief Financial Officer effective close of business on October 31, 2025, citing the need to focus on his responsibilities as Whole-time Director due to the company's growing scale of operations. He will continue in his existing Whole-time Director role. Second, Mr. S. Subrahmanyan, a retired senior board member of Hindustan Aeronautics Limited (HAL) with extensive aerospace experience, has been appointed as an Additional Director (Non-Executive) effective October 3, 2025, subject to shareholder approval.

Likely market impact

The CFO resignation is internal with continuity as WTD, so day-to-day finance leadership continuity may be a concern until a new CFO is named. The appointment of a senior aerospace industry veteran as Non-Executive Director adds strategic depth to the board, which is a positive governance signal.