Banas Finance appoints Praveen Jangid as CFO effective June 29, 2026

Management Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

-1.3%Reaction day

₹7.05

prior close

₹6.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.0% vs market

Investment Company peers, median of 62sector-0.8%-0.5% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.5 pts less than its Investment Company 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

—

10m

+1.9

15m

+1.9

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.3-1.0-0.8-0.5

Next day

+0.3+0.8-0.5-0.5+0.8

-1.0+0.9-1.9+0.0-1.0

+0.9+1.8-0.9+0.4+0.4

-0.6+1.5-2.0+0.4-0.9

+2.1+1.7+0.5+0.0+2.1

-0.7-1.1+0.4-1.2+0.5

15d

-0.6+1.0-1.6-0.9+0.3

+2.1+0.4+1.7-1.9+4.0

+4.8+6.4-1.5-0.9+5.7

-4.7+5.5-10.1-7.4+2.8

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 62Pending

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

AI summary

Banas Finance board appointed Mr. Praveen Jangid as Chief Financial Officer with effect from June 29, 2026. He has about 10 years of experience in financial reporting, budgeting, taxation, audits, MIS, internal controls, and financial planning. The appointment was made on the recommendation of the Nomination and Remuneration Committee under Section 203 of the Companies Act, 2013.

Likely market impact

Filling the CFO role supports financial governance and statutory compliance; routine key managerial appointment with limited stock impact.