CFO Resigns, New CFO Appointed; Board Clears Migration to Main Board

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

CELLECOR · price

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

-1.6%Reaction day

₹29.00

prior close

₹28.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+0.1% vs market

On the reaction day the stock moved 0.1 pts more 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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10m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-1.6-1.7+0.1

Next day

-3.1-4.2+1.1

-4.3-5.2+0.9

-6.6-7.4+0.9

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

AI summary

Cellecor Gadgets board appointed Mr. Ravi Kumar, a Chartered Accountant with over 47 years of experience in banking, insurance and corporate finance, as the new CFO and KMP. He replaces Mrs. Bindu Gupta, who resigned as CFO citing organisational restructuring, but continues as Executive Director. The board also approved the draft Information Memorandum for migration from NSE Emerge to the NSE Main Board and direct listing on BSE. Additionally, Secretarial Auditor and Internal Auditor were appointed for FY26-27.

Likely market impact

Senior finance leadership transition with continuity as outgoing CFO stays on board. Migration to main board may boost liquidity and investor visibility.