CFO Rajesh Kumar Mittal resigns effective October 31, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

-11.6%Reaction day

₹174.20

prior close

₹167.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Household Appliances peers, median of 23sector-2.6%-9.0% vs sector

On the reaction day the stock moved 9.0 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

-3.1

10m

-3.1

15m

-3.3

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-11.6pendingpending-2.6-9.0

Next day

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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

Rajesh Kumar Mittal resigned as Chief Financial Officer and Key Managerial Personnel for personal reasons, effective October 31, 2026. Consolidated September-quarter revenue was Rs 439.33 crore and net loss Rs 25.07 crore; the review was qualified over a disputed receivable of Rs 19.61 crore.

Likely market impact

The CFO exit may add short-term management uncertainty, while the quarterly loss and qualified review could pressure near-term stock sentiment.