HLE Glascoat appoints Amit Kalra as Chief Financial Officer

Management Changes View source PDF Explain this filing

HLEGLAS · 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

-3.4%Reaction day

₹434.00

prior close

₹437.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-1.9% vs market

Industrial Products peers, median of 133sector-1.0%-2.5% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 2.5 pts less than its Industrial 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

-2.4

10m

-1.9

15m

-2.1

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.4-1.6-1.9-1.0-2.5

Next day

+0.0-0.6+0.6-1.0+1.0

+1.1-0.8+2.0-0.8+1.9

+2.5-2.1+4.6-2.0+4.4

-1.8-2.1+0.3-3.0+1.1

+3.0-0.8+3.8-1.6+4.6

+2.8-3.8+6.6-4.2+7.0

15d

-11.3-6.9-4.4-6.6-4.7

-3.2-8.0+4.8-8.7+5.5

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 133Pending

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

AI summary

HLE Glascoat Limited has appointed Mr. Amit Kalra as its new Chief Financial Officer effective September 25, 2026. He is also designated as a Key Managerial Personnel for disclosure purposes. Kalra holds engineering degrees and an MBA from ESSEC Mannheim, with around 22 years of experience in corporate transformation, cross-border integration, and P&L management across India and Europe. He previously served as CFO India at the Hilti Group and held roles at Umicore AG.

Likely market impact

Routine senior finance leadership change; international experience may support strategy execution. No direct share price impact expected.