Finolex Cables Limited has informed the Exchange about Resignation of Director/KMP/SMP

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

FINCABLES · price

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

-0.8%Reaction day

₹1043.00

prior close

₹1053.85

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-0.7% vs market

Cables - Electricals peers, median of 11sector+0.9%-1.7% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 1.7 pts less than its Cables - Electricals 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

-0.6

10m

-0.7

15m

-1.4

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.1-0.7+0.9-1.7

Next day

+2.6+1.1+1.5+3.9-1.3

+4.2+1.3+2.9+6.4-2.2

+12.2+1.8+10.3+5.1+7.1

+9.3+1.2+8.1+3.7+5.6

-5.1+0.4-5.4+4.3-9.4

-4.1+0.9-5.1+4.4-8.5

15d

-0.2+3.0-3.1+4.6-4.8

+14.0+6.3+7.7+18.6-4.6

-2.9+6.4-9.2+10.3-13.2

+23.6+9.4+14.2+9.5+14.1

UpDownMarket · Nifty Smallcap 250Sector · Cables - Electricals peers, median of 11Pending

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

AI summary

Mr. Siddhesh Mandke, Key Managerial Personnel serving as Company Secretary and Compliance Officer of Finolex Cables Limited, has tendered his resignation for personal reasons. The resignation becomes effective from 11th June 2026 after business hours. The company received the resignation letter on 12th May 2026, which was formally accepted on 21st May 2026. The outgoing KMP expressed gratitude to the management and Board members for their cooperation during his tenure. The company has not yet announced a replacement for the position.

Likely market impact

Shareholders should note this is a Key Managerial Personnel change at the compliance and governance level. While there is no immediate financial impact, the company will need to appoint a new Company Secretary and Compliance Officer to meet regulatory requirements under SEBI LODR and Companies Act.