CFO resigns effective October 31 as September quarter posts a loss

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

EPACK · price

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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

September results were approved. CFO Rajesh Kumar Mittal resigned for personal reasons effective October 31, 2026. Consolidated revenue was Rs 439.33 crore and net loss Rs 25.07 crore. The auditor could not confirm recovery of a disputed Rs 19.61 crore receivable; no provision was made. EPACK agreed to sell its 50% Epavo stake to Ram Ratna Wires, triggering a Rs 7.13 crore impairment, and began striking off two inactive subsidiaries.

Likely market impact

Stock may react negatively to the loss, disputed receivable and CFO exit. Epavo sale simplifies the portfolio but brings a Rs 7.13 crore impairment.