Sameer Jain named CFO; Vinay Mittal to retire and exit as Director

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

HONDAPOWER · price

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

-1.1%Reaction day

₹2123.00

prior close

₹2123.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-2.2% vs market

Industrial Products peers, median of 131sector+0.1%-1.3% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.3 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

-1.1

10m

-0.4

15m

-0.9

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+1.1-2.2+0.1-1.3

Next day

-1.2+2.4-3.7+1.0-2.2

-0.8+2.9-3.6+1.3-2.1

-0.5+4.2-4.7+2.2-2.7

-1.7+4.6-6.3+1.9-3.6

-1.1+4.6-5.7+1.4-2.5

-0.2+4.4-4.5+1.5-1.7

15d

-2.0+5.7-7.8+1.8-3.8

-5.3+6.6-11.8+0.9-6.2

-11.9+5.4-17.3+2.5-14.5

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 131Pending

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

AI summary

Honda India Power Products appointed Mr Sameer Jain as new CFO effective October 1, 2026, replacing Mr Vinay Mittal who retires on September 30, 2026. Mittal also steps down as Whole Time Director on September 1, 2026. Jain brings 30 years of finance experience and was named Finance Leader of the Year Auto 2023. For Q1 FY27, revenue was Rs 189.25 crore and net profit Rs 11.10 crore versus Rs 9.48 crore a year ago.

Likely market impact

Planned succession at finance leadership. Veteran exits after 14 years on board. New CFO brings strong auto sector experience.