CFO resigns, new CFO appointed; Q3 loss narrows on revenue recovery

Cfo ResignedManagement Changes View source PDF Explain this filing

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

+2.8%Reaction day

₹572.05

prior close

₹571.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+4.0% vs market

Pesticides & Agrochemicals peers, median of 26sector-0.3%+3.1% vs sector

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 3.1 pts more than its Pesticides & Agrochemicals 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

+1.1

10m

-0.2

15m

+0.6

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8-1.3+4.0-0.3+3.1

Next day

+4.0+2.4+1.5+1.0+2.9

+6.2+3.8+2.4+1.9+4.2

+13.3+2.7+10.5+2.3+11.0

+12.9+1.9+11.0+1.5+11.5

+10.8+4.6+6.3+2.9+7.9

+7.9+5.1+2.9+3.9+4.0

15d

+9.9+2.1+7.8-1.7+11.6

+9.3-2.1+11.4-6.3+15.7

-5.6-6.4+0.8-13.3+7.7

+25.9+9.5+16.3-3.9+29.7

UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 26Pending

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

AI summary

Board approved Q3 FY26 results: revenue Rs 12,472 lakh (up from Rs 7,372 lakh in Q2 FY26), but standalone loss of Rs 1,572 lakh. Nine-month loss improved to Rs 7,323 lakh from Rs 11,871 lakh a year ago. CFO Mugdha Khare resigns effective March 6, 2026 to pursue outside opportunities. Deepak Ochani, a Chartered Accountant with 11+ years experience including 9 years at Godrej Agrovet, appointed new CFO from April 1, 2026. Statutory auditor B S R and Co gave unmodified limited review.

Likely market impact

Smooth CFO transition with Godrej group internal hire; revenue rebound is positive but standalone losses persist, keeping pressure on profitability.