CFO Surendra Bhutoria ceases to hold position from Oct 7, 2026

Cfo ResignedManagement Changes View source PDF Explain this filing

BHAGYANGR · price

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

-90.9%Reaction day

₹454.55

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-2.8%-88.1% vs market

On the reaction day the stock moved 88.1 pts less than Nifty Microcap 250, 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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Sessions after the filingfrom the prior close

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Reaction day

-90.9-2.8-88.1

Next day

-90.4-2.5-87.9

-90.0-1.7-88.3

-89.5-1.5-88.0

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-88.4-2.4-86.0

-87.2-3.4-83.8

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

AI summary

Bhagyanagar India Limited informed stock exchanges that Mr. Surendra Bhutoria will cease to be the Chief Financial Officer effective October 7, 2026, as his employment is being transferred to Tieramet Limited. The company stated that a new CFO will be appointed in due course and the required disclosure will be made to the exchanges under SEBI LODR regulations.

Likely market impact

CFO exits due to employment transfer to Tieramet Limited, not a resignation. New CFO to be appointed soon.