BSEEvans Electric Ltd· Commercial Services & SuppliesHighNegative
Announced Tue, 16 Sept, 2025 · 15:27 IST

As attached.

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

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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
+1.7%Reaction day
₹162.20
prior close
₹165.00
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+1.2% vs market
Diversified Commercial Services peers, median of 72sector+0.0%+1.7% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.7 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day
+1.7+0.5+1.2+0.0+1.7
Next day
+2.9+1.2+1.7+0.5+2.5
2d
+6.0+0.9+5.1+0.8+5.2
3d
+3.6+1.3+2.3+0.8+2.8
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+1.7+0.6+1.2+0.2+1.5
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+3.6+0.3+3.3+0.6+3.0
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+4.8-1.1+5.9-0.9+5.8
15d
-10.6-2.6-8.0-1.8-8.8
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-5.6-1.9-3.7-3.0-2.6
2m
-12.5-1.0-11.5-6.2-6.2
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-22.0-6.7-15.3-9.5-12.5
UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

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

AI summary

Evans Electric Ltd has informed the stock exchanges that Mr. Anil Gulwani, the company's Chief Financial Officer and Key Managerial Personnel, has retired from his position effective close of business hours on September 11, 2025. The retirement was carried out under the company's Retirement Policy approved by the Board on August 26, 2025, and is part of an ongoing restructuring exercise at the firm. The company has expressed appreciation for Mr. Gulwani's services and stated that it is in the process of identifying and appointing a suitable replacement for the CFO & KMP role. A new appointment will be communicated to the exchanges once finalised.

Likely market impact

The departure of a key finance leader may create short-term uncertainty around financial reporting and continuity, but the company has stated it is actively searching for a replacement. Retail investors should watch for the announcement of a new CFO, as the appointee's profile and timing could influence confidence in the company's financial oversight and restructuring progress.