Garware Hi-Tech Films appoints Mr Prashant Pai as Interim CFO

Management Changes View source PDF Explain this filing

GRWRHITECH · price

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

-1.5%Reaction day

₹7411.00

prior close

₹7535.00

announcement price

In-mkt

timing

Nifty Microcap 250market+0.4%-1.9% vs market

Plastic Products - Industrial peers, median of 39sector+0.5%-2.0% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 2.0 pts less than its Plastic Products - Industrial 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

+1.2

10m

+3.0

15m

+3.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.4-1.9+0.5-2.0

Next day

-6.6+0.4-6.9+0.0-6.6

-5.5+0.3-5.8+0.1-5.5

-5.4+0.2-5.6-1.0-4.4

-3.9+0.5-4.5-0.5-3.4

-2.5+0.7-3.1-0.0-2.4

-5.4+0.9-6.3+0.5-5.9

15d

-3.9+1.6-5.6-0.4-3.5

-5.5+2.4-7.9+3.5-9.1

-4.5+1.1-5.7-4.2-0.3

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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 39Pending

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

AI summary

Garware Hi-Tech Films has appointed Mr Prashant L. Pai as Interim Chief Financial Officer (Key Managerial Personnel) effective August 06, 2026. He holds a Master's degree with three decades of experience in accounting and finance and has been associated with GHFL and Group Companies since the start of his career. The appointment was recommended by the Nomination and Remuneration Committee. He will serve as Interim CFO until the Board appoints a new permanent CFO.

Likely market impact

Internal appointment ensures continuity of finance leadership. The interim nature suggests the company is still searching for a permanent CFO.