Announced Wed, 27 May, 2026 · 16:50 IST

Resignation of Mr. Rajesh K. Deharkar, CFO, Company Secretary and Compliance Officer w.e.f 1st June, 2026 approved by the Board of Directors on 26th May, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain 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

-0.5%Reaction day

₹108.50

prior close

₹103.08

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+0.2% vs market

Other Electrical Equipment peers, median of 48sector-1.0%+0.6% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.6 pts more than its Other Electrical Equipment 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

+10.5

10m

+10.5

15m

+10.5

30m

+9.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-0.6+0.2-1.0+0.6

Next day

+0.5-1.7+2.2-1.9+2.4

-4.1-0.7-3.5-1.8-2.3

+0.4-0.4+0.8-1.7+2.0

-3.6+0.4-4.0-1.7-1.9

-4.1+0.4-4.6-2.3-1.9

-5.3+0.3-5.6-2.0-3.2

15d

-6.0+5.5-11.5+2.4-8.4

-10.6+4.6-15.2+1.9-12.5

-23.4+5.3-28.7-1.8-21.6

-27.2+11.6-38.7-3.8-23.3

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 48Pending

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

AI summary

Mr. Rajesh K. Deherkar has tendered his resignation from the posts of CFO, Company Secretary and Compliance Officer of Aplab Ltd, effective from the close of business hours on 31st May 2026. The Board of Directors accepted his resignation on 26th May 2026. In his resignation letter, Mr. Deherkar cited 'pre-occupation elsewhere' as the reason for leaving. He confirmed there are no other material reasons for his departure. The Board placed on record its appreciation for his valuable contribution during his association with the company.

Likely market impact

This resignation removes a key person holding three critical roles (CFO, Company Secretary, Compliance Officer) simultaneously. The company will need to appoint replacements for these positions, which could cause temporary uncertainty. The departure appears to be voluntary with no reported governance concerns.