CFO Sachin resigns effective 1 November 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

-1.3%Reaction day

₹12.00

prior close

₹12.48

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Ferrous Metals peers, median of 23sector · industry level-1.7%+0.3% vs sector

On the reaction day the stock moved 0.3 pts more than its Ferrous Metals 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

-5.6

10m

-5.1

15m

-5.1

30m

-5.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3pendingpending-1.7+0.3

Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Ferrous Metals peers, median of 23Pending

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

AI summary

Mr Sachin resigned as Bihar Sponge Iron Limited's Chief Financial Officer. His last working day was 31 October 2026, and the resignation takes effect on 1 November 2026. He cited evolving organisational priorities and the realignment of responsibilities. No successor was named.

Likely market impact

The departure leaves a senior finance leadership vacancy until a successor is appointed, potentially affecting financial oversight and investor confidence.