CFO Shafali Jain resigns from Harikanta Overseas

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

Price

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

+9.0%Reaction day

₹74.75

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+7.6% vs market

Other Textile Products peers, median of 182sector+0.7%+8.2% vs sector

On the reaction day the stock moved 7.6 pts more than Nifty Microcap 250 and 8.2 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+9.0+1.3+7.6+0.7+8.2

Next day

+1.7+0.0+1.6-0.0+1.7

+5.6+0.5+5.1+0.3+5.3

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-13.2pendingpending-4.9-8.3

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 182Pending

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

AI summary

Chief Financial Officer and Key Managerial Personnel Shafali Narendrakumar Jain resigned from Harikanta Overseas Limited effective close of business on 25 July 2026, citing better career prospects. She was appointed CFO on 1 May 2025, serving about 15 months. No successor has been announced yet. The company is listed on BSE SME platform.

Likely market impact

CFO exit within 15 months of appointment; investors should watch for a timely successor announcement to avoid governance or reporting gaps.