CFO and Executive Director to resign on November 16, 2026

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

CARYSIL · price

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

-5.0%Reaction day

₹1008.45

prior close

₹965.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.2%-7.1% vs market

Household Appliances peers, median of 23sector+2.1%-7.0% vs sector

On the reaction day the stock moved 7.1 pts less than Nifty Microcap 250 and 7.0 pts less than its Household Appliances 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

+0.7

10m

+0.6

15m

+0.5

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0+2.2-7.1+2.1-7.0

Next day

-7.3pendingpending+3.4-10.8

-6.1pendingpending+2.8-8.8

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15d

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UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 23Pending

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

AI summary

Anand H. Sharma resigned as Executive Director and Group CFO, effective from the close of business on November 16, 2026. He cited personal reasons, including inability to relocate to the Bhavnagar headquarters. For the September 2026 quarter, consolidated revenue was Rs 275.73 crore and profit was Rs 29.01 crore.

Likely market impact

The CFO exit may raise succession concerns and weigh on the share price; no replacement was announced.