CFO resigns, promoted to CEO; new CFO appointed

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

ATLASCYCLE · price

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

-1.1%Reaction day

₹107.64

prior close

₹110.89

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.0% vs market

Consumer Durables peers, median of 188sector · industry level-0.3%-0.8% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.8 pts less than its Consumer Durables 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

-0.4

10m

-2.6

15m

-2.6

30m

-4.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1-0.1-1.0-0.3-0.8

Next day

-2.5-0.2-2.4-0.5-2.1

-4.8+0.4-5.2-0.6-4.2

-7.2-0.4-6.8-0.8-6.4

-6.9-0.6-6.3-1.7-5.1

-8.5-0.9-7.6-1.9-6.6

-14.1-3.0-11.1-3.3-10.8

15d

-12.5-3.9-8.6-4.8-7.7

-13.7-4.8-8.9-6.6-7.1

-1.8-7.8+5.9-9.4+7.6

-13.1-7.2-5.9-10.8-2.4

UpDownMarket · Nifty Microcap 250Sector · Consumer Durables peers, median of 188Pending

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

AI summary

Mr. Chander Mohan Dhall resigned as Whole-time Director and CFO effective close of business 12 November 2025, and was appointed as CEO effective 13 November 2025. Mr. Satya Prakash Dangwal, with over 35 years of finance experience, was appointed as the new CFO effective 13 November 2025. This is an internal reshuffle of key managerial positions.

Likely market impact

Internal reshuffle of top management; continuity expected as outgoing CFO is promoted to CEO within the same company.