CFO E C Prasad resigns effective January 26, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

-3.8%Reaction day

₹528.90

prior close

₹533.60

announcement price

In-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%-3.5% vs market

Household Appliances peers, median of 22sector-1.1%-2.7% vs sector

On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 2.7 pts less than its Household Appliances 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

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Reaction day

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Next day

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

AI summary

The board accepted E C Prasad's resignation as Chief Financial Officer and Key Managerial Personnel, effective close of business on January 26, 2026, as he pursues an external opportunity. The same meeting approved September quarter results: consolidated revenue was Rs 1,107.14 crore and profit after tax Rs 9.86 crore, against Rs 1,118.33 crore and Rs 12.90 crore a year earlier.

Likely market impact

The departure may create short-term management uncertainty, but shareholders had nearly three months' notice. No successor was named.