Intimation regarding Resignation of Chief financial Officier

Cfo ResignedManagement Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

-5.0%Reaction day

₹22.05

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%-3.6% vs market

Residential, Commercial Projects peers, median of 52sector+0.0%-5.0% vs sector

On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 5.0 pts less than its Residential, Commercial Projects 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-1.4-3.6+0.0-5.0

Next day

-2.1-1.6-0.6-0.0-2.1

+0.8-1.4+2.2-0.7+1.6

+5.9-2.7+8.5-0.4+6.3

+10.5-2.5+13.0-0.6+11.1

+11.1-2.3+13.3-0.6+11.7

+15.6-5.4+21.0-2.9+18.5

15d

+13.2-10.5+23.7-6.7+19.9

+18.5-10.3+28.8-6.1+24.5

+10.3+1.6+8.7+0.4+9.9

—+3.8—-0.6—

UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 52Pending

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

AI summary

Mr. Nileshkumar Maganbhai Prajapati has resigned as the Chief Financial Officer of Gallops Enterprise Limited with effect from February 18, 2026, citing personal reasons. The company has disclosed this under SEBI Listing Regulations and attached the resignation letter along with required details. No replacement CFO has been announced in this filing. The resignation has been accepted by the Board, with Director Poojanaben Prahladbhai Patel (DIN: 02233585) acknowledging the same on behalf of the company.

Likely market impact

The sudden exit of a key financial officer without an immediate replacement may create short-term uncertainty around financial reporting and compliance. Retail investors should watch for a timely appointment of a new CFO, as prolonged vacancies in this role can raise governance concerns.