Appointment of Chief Financial Officer(KMP)

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

-1.4%Reaction day

₹16.63

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announcement price

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

Non Banking Financial Company (NBFC) peers, median of 196sector-0.5%-0.9% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.9 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 196Pending

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

AI summary

India Cements Capital Ltd announced changes in Key Managerial Personnel following a board meeting on 26 August 2025. Mr. K. Suresh resigned as Chief Financial Officer effective end of day 26 August 2025, citing internal restructuring and realignment of roles. The same person was immediately appointed as Company Secretary and Compliance Officer effective 27 August 2025. Mr. S. Pranatharthiharan, a Chartered Accountant who has been with the company since 1997 (most recently as Senior Manager Accounts), was appointed as the new CFO effective 27 August 2025.

Likely market impact

This is an internal role reshuffle rather than a true exit — the outgoing CFO stays with the company in a new role, and the new CFO is a long-standing internal employee. Shareholders should see this as continuity in finance leadership with no disruption expected to operations or strategy.