CFO Vishal Begwani resigns effective October 30

CFO resignedManagement Changes View source PDF Explain this filing

EIMCOELECO · price

Loading chart…

▲ 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

+7.5%Reaction day

₹2270.10

prior close

₹2250.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+6.8% vs market

Industrial Products peers, median of 131sector+0.1%+7.4% vs sector

On the reaction day the stock moved 6.8 pts more than Nifty Microcap 250 and 7.4 pts more than its Industrial 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

+3.1

10m

+4.3

15m

+3.7

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.5+0.7+6.8+0.1+7.4

Next day

+2.7-1.0+3.6-1.1+3.7

+1.0-0.3+1.2-1.1+2.0

-1.1-1.9+0.8-2.1+0.9

-2.2-4.5+2.3-4.7+2.5

-1.8-5.5+3.7-5.6+3.9

-7.9-7.3-0.6-7.7-0.1

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 131Pending

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

AI summary

Mr. Vishal C. Begwani has stepped down as CFO and KMP of Eimco Elecon (India) Ltd to pursue another professional opportunity outside the company. His resignation was submitted on September 5, 2026, with the last working day set for October 30, 2026. He has committed to a seamless handover of finance, accounting, statutory reporting, and audit responsibilities before leaving.

Likely market impact

Key finance leadership change ahead; investors may watch for a successor appointment and any continuity risks in financial reporting over the transition period.