CFO change at Bhagiradha Chemicals - retirement and new appointment

Cfo ResignedManagement Changes View source PDF Explain this filing

BHAGCHEM · price

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

+0.8%Reaction day

₹223.21

prior close

₹225.35

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+1.3% vs market

Pesticides & Agrochemicals peers, median of 26sector-1.4%+2.2% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 2.2 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

-2.1

10m

-0.9

15m

-1.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8-0.5+1.3-1.4+2.2

Next day

-3.1-1.0-2.1-0.5-2.6

-4.8-2.5-2.3-3.0-1.8

-6.5-3.2-3.4-2.8-3.7

-7.3-2.2-5.1-2.7-4.5

-6.6-1.9-4.7-3.0-3.6

-7.7-3.5-4.2-4.4-3.3

15d

-10.5-8.8-1.7-9.3-1.1

-9.1-9.3+0.2-12.2+3.1

-4.8-4.5-0.3-10.0+5.2

+12.0+5.4+6.7-2.9+14.9

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

Bhagiradha Chemicals has announced that its current CFO Mr. B. Krishna Mohan Rao will retire effective end of business on February 28, 2026. Mr. Ranjit Kumar Kilaru, a Chartered Accountant with over 23 years of post-qualification experience spanning banking, manufacturing, and financial advisory, will be appointed as the new CFO and Key Managerial Personnel from March 1, 2026. He previously held senior roles at Axis Bank and ICICI Bank.

Likely market impact

Planned CFO transition with the new appointee bringing strong banking and financial structuring experience to the role.