Excelsoft Technologies appoints new CFO effective August 7, 2026

Management Changes View source PDF Explain this filing

EXCELSOFT · 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

-7.6%Reaction day

₹84.22

prior close

₹79.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-7.5% vs market

IT Enabled Services peers, median of 72sector-0.1%-7.5% vs sector

On the reaction day the stock moved 7.5 pts less than Nifty Microcap 250 and 7.5 pts less than 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

+1.8

10m

+0.9

15m

+0.9

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.6-0.1-7.5-0.1-7.5

Next day

-10.0-0.2-9.8-0.5-9.6

-10.7+0.1-10.9-0.7-10.0

-11.3+0.3-11.6-0.9-10.4

-12.4+0.4-12.7-2.2-10.2

-12.1+0.5-12.6-2.2-9.9

-15.7+0.3-16.0-3.3-12.4

15d

-17.1+1.9-19.0-1.2-15.9

-4.2+2.2-6.4-3.6-0.5

-4.7-1.2-3.6-7.9+3.2

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

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

AI summary

Excelsoft Technologies has appointed Mr. Poonacha Paruvangada Appaiah as its new Chief Financial Officer and Key Managerial Personnel with effect from August 7, 2026. He brings about 30 years of finance experience, previously serving as CFO and Head of Finance at United Breweries Limited and Vice President Finance at India Cements Limited. He is a qualified Chartered Accountant and Cost Accountant.

Likely market impact

A seasoned finance leader with three decades of experience joins as CFO, likely strengthening financial governance. No immediate material impact on shareholders.