CFO Allen Joseph Andrade resigns; Debabrata Das named successor

Cfo ResignedManagement Changes View source PDF Explain this filing

HINDOILEXP · 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

+1.8%Reaction day

₹171.89

prior close

₹172.88

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.1% vs market

Oil Exploration & Production peers, median of 5sector+0.8%+1.0% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.0 pts more than its Oil Exploration & Production 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

+0.1

10m

+1.5

15m

+1.4

30m

+2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+0.7+1.1+0.8+1.0

Next day

-0.2-1.0+0.7+0.4-0.7

-3.4-0.3-3.2-0.0-3.4

-3.4-1.9-1.5+0.5-4.0

-4.9-4.5-0.4-5.2+0.3

-4.3-5.5+1.1-5.1+0.8

-5.8-7.3+1.5+2.6-8.3

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Oil Exploration & Production peers, median of 5Pending

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

AI summary

Chief Financial Officer Allen Joseph Andrade has resigned effective close of business on October 15, 2026, citing personal reasons. The company has appointed Debabrata Das as the new CFO from October 16, 2026. Das is a Chartered Accountant with over 20 years of senior finance experience, including Group CFO at Haryana City Gas, Head of Corporate Finance at Adani Total Gas, and Project Finance lead at GMR Energy.

Likely market impact

Smooth transition with an experienced energy sector CFO taking over; near-term neutral, continuity supported by Andrade's assistance during handover.