CFO Rajesh Garg Resigns; Raunak Garg Named New CFO

Cfo ResignedManagement Changes View source PDF Explain this filing

ASIANTNE · 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

-0.4%Reaction day

₹9.74

prior close

₹9.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-0.8% vs market

Trading & Distributors peers, median of 140sector-0.0%-0.4% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.4 pts less than its Trading & Distributors 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

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+0.4-0.8-0.0-0.4

Next day

-3.7+0.9-4.6-0.1-3.6

-1.5+0.8-2.3-0.9-0.6

-5.3+0.6-5.9-1.2-4.2

-5.0+0.7-5.7-1.3-3.7

-5.3-2.6-2.7-2.5-2.8

-2.6-1.9-0.7-2.5-0.1

15d

-4.1-0.6-3.6-4.0-0.1

-6.1-1.0-5.0-4.4-1.7

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 140Pending

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

AI summary

Asian Tea and Exports Ltd has updated its Key Managerial Personnel list following the resignation of Mr. Rajesh Garg as CFO. Mr. Raunak Garg has been designated as the new Chief Financial Officer. Other authorized KMPs remain unchanged: Mr. Hariram Garg continues as Managing Director and Mr. Priyarup Mukherjee as Company Secretary and Compliance Officer.

Likely market impact

CFO transition at a small-cap company. Investors should monitor for any disruptions and watch for clarity on the reasons behind the change.