Garware Hi-Tech Films Limited has informed the Exchange about Resignation of Director/KMP/SMP

Cfo ResignedManagement Changes View source PDF Explain this filing

GRWRHITECH · price

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

+0.1%Reaction day

₹5400.00

prior close

₹5363.40

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.4%+1.4% vs market

Plastic Products - Industrial peers, median of 36sector-1.1%+1.1% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.1 pts more 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

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30m

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Reaction day

+0.1-1.4+1.4-1.1+1.1

Next day

+2.0-0.9+3.0-0.7+2.7

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+1.8+0.8+1.1-0.0+1.9

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+5.7+3.1+2.6-0.2+5.9

15d

+15.8+3.5+12.3-1.5+17.3

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+28.1+9.3+18.8-1.0+29.1

+31.9+14.0+17.9-0.2+32.0

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 36Pending

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

AI summary

Mr. Abhishek Agarwal has tendered his resignation as Chief Financial Officer (KMP) of Garware Hi-Tech Films Limited, effective 30 May 2026. He also resigned from the Risk Management Committee as a member. The stated reason is to pursue career opportunities outside the Company. The resignation letter confirms there is no other material reason beyond this career move. The company has been informed and the filing is dated 15 May 2026.

Likely market impact

The departure of the CFO creates a key leadership gap that needs to be filled. Until a replacement is appointed, financial reporting and risk management oversight may be impacted, which could create uncertainty for investors.