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BSEBanas Finance Ltd· FinanceHighNeutral
Announced Mon, 29 Jun, 2026 · 13:28 IST

Banas Finance appoints Praveen Jangid as Chief Financial Officer

Management Changes View source PDFExplain this filing

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
-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
5m
+1.9
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
2d
-1.0+0.9-1.9+0.0-1.0
3d
+0.9+1.8-0.9+0.4+0.4
4d
-0.6+1.5-2.0+0.4-0.9
5d
+2.1+1.7+0.5+0.0+2.1
1w
-0.7-1.1+0.4-1.2+0.5
15d
+1.4+1.0+0.4-0.9+2.3
1m
+2.1+0.4+1.7-1.9+4.0
2m
+4.8+6.4-1.5-0.9+5.7
3m
-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 has appointed Mr. Praveen Jangid as its new Chief Financial Officer effective June 29, 2026, on the recommendation of the Nomination and Remuneration Committee. He brings about 10 years of finance experience covering reporting, budgeting, taxation, audits, MIS, internal controls, and financial planning. The appointment complies with Section 203 of the Companies Act and SEBI Listing Regulations.

Likely market impact

New CFO with a decade of finance experience joins to strengthen financial governance and support growth. Routine key management change with no negative signals.