Indosolar Limited has informed the Exchange regarding Resignation of Sonal Shrivastava as Chief Financial Officer of the company w.e.f. March 20, 2026.
WAAREEINDO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.2 pts more than Nifty Microcap 250 and 6.6 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Ms. Sonal Shrivastava has resigned as Chief Financial Officer and Key Managerial Personnel of Indosolar Limited, effective from the close of business hours on March 20, 2026. She also served as CFO of Waaree Energies Limited, the parent/group company. In her resignation letter dated September 22, 2025, she stated she is leaving to pursue opportunities outside the Group. She has committed to ensuring a smooth transition during her notice period. The company has disclosed the required details under SEBI Listing Regulations.
A CFO exit at a listed company is a key managerial change that investors typically monitor closely. Since the resignation appears voluntary and aimed at external opportunities, the immediate impact may be limited, but the company will need to appoint a replacement CFO in due course to avoid any leadership gap.