CFO Subramaniam Ravi resigns, effective August 31, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

EXCELSOFT · price

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

+1.4%Reaction day

₹87.45

prior close

₹88.64

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+0.3% vs market

IT Enabled Services peers, median of 76sector+1.3%+0.0% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and in line with its IT Enabled Services 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

-0.7

10m

-0.5

15m

-0.7

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+1.1+0.3+1.3+0.0

Next day

-0.1+1.3-1.4+0.2-0.2

+0.1+2.2-2.1+0.4-0.2

-1.8+2.2-4.0+0.4-2.2

-4.4+0.2-4.6-2.3-2.1

-4.7+2.1-6.8-0.1-4.6

-10.2-0.5-9.7-2.4-7.8

15d

-11.9+7.5-19.5-0.3-11.7

-6.4+8.6-15.0-0.2-6.2

-5.0+9.1-14.1-1.1-3.9

-20.3+11.8-32.1-5.1-15.3

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 76Pending

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

AI summary

Mr. Subramaniam Ravi, CFO and Key Managerial Personnel of Excelsoft Technologies, has resigned citing health reasons and the need to devote more time to his family. His last working day is August 31, 2026. He had served the company for about 14 years. The company is searching for a suitable replacement and will inform the exchanges once a new CFO is appointed.

Likely market impact

Short-term leadership gap in finance. Company has begun a search for a successor and has pledged a smooth handover during the notice period.