Announced Wed, 23 Sept, 2026 · 16:49 IST

CFO Mr. Vivek Kumar Singhal resigns, continues as Managing Director

Cfo ResignedManagement Changes View source PDF Explain this filing

Price

Loading chart…

▲ 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

+2.0%Reaction day

₹47.07

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.5%+3.5% vs market

Non Banking Financial Company (NBFC) peers, median of 219sector-0.8%+2.8% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 2.8 pts more than its Non Banking Financial Company (NBFC) 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0-1.5+3.5-0.8+2.8

Next day

+1.8-1.2+3.0-0.8+2.5

-0.1-2.8+2.6-1.9+1.7

+4.7-1.8+6.5-1.8+6.5

+4.6-2.0+6.7-1.7+6.4

-2.5-3.3+0.8-1.9-0.6

+5.9-2.0+7.9-2.6+8.5

15d

+12.6-3.9+16.5-3.1+15.7

+2.3-10.7+13.1-6.4+8.7

—————

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 219Pending

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

AI summary

CFO Mr. Vivek Kumar Singhal resigned effective close of business on 23 September 2026, citing diversification of roles and responsibilities. He will continue to serve as Managing Director and on the Board. The company will separately intimate the appointment of a new CFO under SEBI LODR regulations.

Likely market impact

Finance leadership transition; MD continuity maintained. Watch for new CFO appointment to fill the gap.