Godrej Agrovet CFO Varadaraj to retire; Ravishankar A named successor

Cfo ResignedManagement Changes View source PDF Explain this filing

GODREJAGRO · price

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▲ 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

-3.8%Reaction day

₹565.50

prior close

₹557.90

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%-4.1% vs market

Food Products peers, median of 87sector · industry level-0.0%-3.7% vs sector

On the reaction day the stock moved 4.1 pts less than Nifty Microcap 250 and 3.7 pts less than its Food Products 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

-2.3

10m

-2.4

15m

-2.9

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.8+0.4-4.1-0.0-3.7

Next day

-4.0+0.4-4.4+0.5-4.5

-1.5+0.3-1.8+0.5-2.0

-3.4+0.2-3.6+0.0-3.4

-2.6+0.5-3.1+0.3-2.9

-0.5+0.7-1.2+0.0-0.5

+5.0+0.9+4.2-0.1+5.1

15d

+8.9+1.6+7.3+1.1+7.9

+17.9+2.4+15.5+0.0+17.9

+14.9+1.1+13.8-2.2+17.2

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UpDownMarket · Nifty Microcap 250Sector · Food Products peers, median of 87Pending

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

AI summary

Board noted early superannuation of CFO S Varadaraj from Sept 30, 2026 due to personal reasons. Ravishankar A, ex VP Finance at Hindustan Unilever Beauty and Wellbeing, will join as CFO-Designate from Sept 21 and take over as CFO on Oct 1, 2026. Q1 FY27 results: consolidated revenue Rs 2,855 cr versus Rs 2,333 cr last year, PAT Rs 128 cr versus Rs 102 cr. Standalone PAT fell to Rs 65 cr from Rs 169 cr.

Likely market impact

Smooth CFO succession planned with experienced HUL hand. Q1 results mixed: consolidated growth offset by sharp standalone profit decline.