Announced Thu, 10 Sept, 2026 · 13:55 IST

CFO change at Chemkart India: Dalawai resigns, Asim Siddiqui appointed

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-3.9%Reaction day

₹178.00

prior close

₹174.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-3.7% vs market

Other Food Products peers, median of 24sector-1.0%-2.9% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 2.9 pts less than its Other Food Products 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

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.9-0.2-3.7-1.0-2.9

Next day

-8.4-0.1-8.3-1.6-6.9

-3.7-3.4-0.3-2.9-0.7

+1.2-3.5+4.6-3.2+4.3

+6.2-2.7+8.9-2.1+8.3

+11.5-1.1+12.6-1.3+12.8

+22.9-0.8+23.8-3.2+26.1

15d

+35.5-2.9+38.3-5.8+41.2

+42.1-3.5+45.6-5.8+47.9

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UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 24Pending

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

AI summary

Chemkart India's Board approved a CFO transition on 10 Sep 2026. Mr. Basavaraj Shankar Dalawai resigned as CFO and Key Managerial Personnel effective close of business on 10 Sep 2026, citing internal restructuring and transition. Mr. Mohammad Asim Siddiqui, with over 16 years of experience in Finance, MIS, Compliance, Internal Controls, Risk Management and Audits and qualifications of LL.B., MBA and M.Com, was appointed as the new CFO effective 11 Sep 2026. He holds no shares in the company and is not related to any Director.

Likely market impact

Smooth CFO transition. Outgoing cited internal restructuring, no governance flags. Minimal disruption expected for shareholders.