Exide Industries Limited has informed the Exchange about Retirement of Mr. Asish Kumar Mukherjee (DIN: 00131626) as Director-Finance and and Chief Financial Officer (CFO) of the Company w.e.f. close of business hours of 30th April 2025.
EXIDEIND · price
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On the reaction day the stock moved 5.1 pts less than Nifty Midcap 150 and 3.7 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Exide Industries Limited has informed the stock exchange about the retirement of Mr. Asish Kumar Mukherjee (DIN: 00131626) from the position of Director-Finance and Chief Financial Officer (CFO). The retirement is effective from the close of business hours on 30th April 2025. Mr. Mukherjee held both the Director-Finance and CFO roles at the company. The company has not announced a successor in this filing. Exide Industries is one of India's largest lead-acid battery manufacturers.
The exit of the CFO is a key leadership change at the finance helm of a large listed company. Investors will watch closely for the announcement of a successor, as a smooth transition is important to maintain financial discipline and investor confidence.