Asian Granito India Limited has informed the Exchange regarding Resignation of Mr Mehul Shah as Chief Financial Officer of the company w.e.f. January 28, 2026.

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

ASIANTILES · price

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

+1.8%Reaction day

₹70.30

prior close

₹71.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+2.2% vs market

Ceramics peers, median of 9sector-1.5%+3.3% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 3.3 pts more than its Ceramics 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

-0.1

10m

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15m

-1.2

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8-0.4+2.2-1.5+3.3

Next day

-1.7+1.4-3.1-0.5-1.2

-2.0+0.2-2.1-0.9-1.1

+2.3+3.9-1.6+2.7-0.5

+4.0+5.2-1.2+1.8+2.2

+3.6+4.2-0.6+2.3+1.3

+5.1+6.0-1.0+8.0-2.9

15d

-1.4+3.5-4.9+5.6-7.0

-2.4-0.7-1.7+0.0-2.4

-20.0-9.9-10.1-9.0-11.0

-8.4+9.9-18.3+7.0-15.4

UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 9Pending

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

AI summary

Asian Granito India Limited has informed the stock exchange that Mr. Mehul Shah has resigned as the Chief Financial Officer (CFO) of the company. His resignation will be effective from January 28, 2026. No reason for the resignation has been disclosed in the filing. The company has not yet announced his successor or interim financial leadership arrangement. Shareholders may await further updates on the appointment of a new CFO in due course.

Likely market impact

CFO resignations can create short-term uncertainty around financial reporting continuity, though the impact depends on whether a successor is announced quickly. Investors should watch for any further disclosure regarding the reason for exit or replacement timelines.