Change in Key Managerial Personnel

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

GRASIM · price

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

-1.0%Reaction day

₹2684.00

prior close

₹2675.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.9%-2.0% vs market

Cement & Cement Products peers, median of 31sector+0.5%-1.6% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty 100 and 1.6 pts less than its Cement & Cement 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

+2.0

10m

+2.5

15m

+2.1

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.9-2.0+0.5-1.6

Next day

-1.2+1.5-2.7+0.1-1.3

-2.6+0.9-3.5+0.1-2.7

-4.1+0.6-4.6-0.2-3.9

-3.9+0.9-4.8-0.4-3.5

-5.5+0.5-6.0-1.4-4.1

-4.8-0.2-4.5-2.8-2.0

15d

-0.7+0.4-1.1-3.5+2.8

+1.5+1.2+0.3-4.6+6.1

+0.7+2.5-1.7+9.4-8.7

+4.8+1.5+3.4+7.7-2.9

UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 31Pending

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

AI summary

The Board approved audited standalone and consolidated results for FY ended 31 March 2025. Standalone revenue from operations rose to ₹31,563 crore from ₹25,847 crore, but net profit fell sharply to ₹212 crore from ₹945 crore, with a Q4 FY25 standalone loss of ₹288 crore. A dividend of ₹10 per equity share (face value ₹2) was recommended. CFO Pavan Kumar Jain will retire on superannuation on 15 August 2025, with Hemant Kumar Kadel appointed as the new CFO effective 16 August 2025. Company Secretary and Compliance Officer Sailesh Kumar Daga has resigned effective 15 July 2025 to pursue outside opportunities. M/s. Makarand M. Joshi & Co. was recommended as Secretarial Auditor for five years (FY26–FY30).

Likely market impact

The CFO transition is a planned superannuation with an internal successor in place, so continuity is unlikely to be disrupted. The Company Secretary resignation is voluntary and routine. However, the steep fall in standalone net profit and continued quarterly loss may concern investors, though the steady dividend and improving top line offer some comfort.