CFO Kalpesh Chauhan resigns effective November 12, 2026

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

FABTECH · price

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

+3.8%Reaction day

₹129.82

prior close

₹134.77

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Medical Equipment & Supplies peers, median of 10sector+1.1%+2.7% vs sector

On the reaction day the stock moved 2.7 pts more than its Medical Equipment & Supplies 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

+0.2

10m

+0.1

15m

-0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.8pendingpending+1.1+2.7

Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Medical Equipment & Supplies peers, median of 10Pending

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

AI summary

Mr. Kalpesh Chauhan resigned as Chief Financial Officer and Key Managerial Personnel, effective at the close of business on November 12, 2026. He cited personal and professional reasons and committed to supporting a smooth handover of his duties.

Likely market impact

The finance leadership change may create short-term uncertainty, but a smooth handover is planned. No successor was named.