HLE Glascoat CFO Naveen Kandpal resigns, effective July 3, 2026

Cfo ResignedKmp ResignedManagement 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

+1.2%Reaction day

₹383.50

prior close

₹382.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+1.0% vs market

Industrial Products peers, median of 129sector-0.2%+1.3% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.3 pts more 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

-0.9

10m

-0.5

15m

-0.6

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+0.2+1.0-0.2+1.3

Next day

+5.9-0.5+6.4-1.2+7.1

+5.2-2.5+7.7-3.0+8.3

+8.6-0.6+9.2-1.1+9.7

+9.5+0.7+8.8-0.2+9.7

+6.4+0.9+5.6-0.4+6.8

+9.1+0.5+8.6-1.0+10.1

15d

+9.0-0.2+9.2-2.9+11.9

+20.8+2.9+17.9-2.1+22.9

-12.3+5.0-17.2-0.3-12.0

+16.6+3.7+12.9-0.8+17.4

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 129Pending

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

AI summary

Naveen Kandpal, Chief Financial Officer of HLE Glascoat Limited, has resigned for personal reasons. His last working day will be closing hours of July 3, 2026, giving about three months of notice period from the April 7, 2026 resignation letter date. He has committed to ensuring a smooth handover of his responsibilities during the transition. The company will need to appoint a new CFO to fill this key managerial role.

Likely market impact

CFO departure may cause short-term uncertainty until successor is appointed. Watch for update on new CFO appointment and any succession plan details.