GRWRHITECHNSEGarware Hi-Tech Films Limited· Industrial ProductsHighNegative
Announced Fri, 15 May, 2026 · 17:06 IST

Garware Hi-Tech Films Limited has informed the Exchange regarding Resignation of Mr Abhishek Agarwal as Chief Financial Officer of the company, vide his letter dated May 15, 2026.

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain 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
Stock
5m
-0.9
10m
-1.3
15m
-0.9
30m
-1.2
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.1-1.4+1.4-1.1+1.1
Next day
+2.0-0.9+3.0-0.7+2.7
2d
+3.8-0.3+4.2+0.0+3.8
3d
+1.8+0.8+1.1-0.0+1.9
4d
-0.7+0.9-1.6+0.0-0.7
5d
+3.9+2.5+1.4-0.1+4.0
1w
+5.7+3.1+2.6-0.2+5.9
15d
+15.8+3.5+12.3-1.5+17.3
1m
+22.2+8.0+14.3+0.2+22.0
2m
+28.1+9.3+18.8-1.0+29.1
3m
+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 (CFO) and Key Managerial Personnel (KMP) of Garware Hi-Tech Films Limited, effective May 15, 2026. He has also resigned from his position as a member of the Risk Management Committee. The reason cited is to pursue career opportunities outside the company. Agarwal has confirmed that there is no other material reason for his resignation beyond this. The company has stated it will make necessary disclosures regarding the appointment of a new CFO in accordance with applicable regulatory requirements.

Likely market impact

The departure of the CFO creates a temporary leadership gap in the finance function. Investors should watch for the company's announcement of a replacement CFO, as this could affect investor confidence and operational stability in the near term.