BSEEnkei Wheels (India) Ltd· Auto ComponentsHighNeutral
Announced Fri, 10 Apr, 2026 · 12:32 IST

Appointment of Chief Financial Officer

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain 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
+4.0%Reaction day
₹393.20
prior close
₹403.35
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+2.1%+1.9% vs market
Auto Components & Equipments peers, median of 112sector+2.0%+2.0% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.0 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 112Pending

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

AI summary

Enkei Wheels (India) Ltd has appointed Mr. Dinesh Sarnaik, a Chartered Accountant, as its new Chief Financial Officer and Key Managerial Personnel (KMP) effective from 11th April 2026. He replaces Mr. Kunal Sudhir Dhoke, who had resigned on 13th January 2026. Mr. Sarnaik brings approximately 18 years of experience in finance, taxation, treasury, and compliance management across multinational and listed organizations. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors.

Likely market impact

This appointment fills a critical leadership gap in the company's finance function that had been vacant since January 2026. Investors should note the relatively long gap between the previous CFO's resignation and the new appointment, which is now being formally disclosed.