IRM Energy CFO change: Ashish Maheshwari takes over from Arunkumar Saluru

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

IRMENERGY · price

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

-0.8%Reaction day

₹296.35

prior close

₹294.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.9% vs market

LPG/CNG/PNG/LNG Supplier peers, median of 6sector+0.0%-0.8% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.8 pts less than its LPG/CNG/PNG/LNG Supplier 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

+0.5

10m

+0.4

15m

+0.2

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+0.1-0.9+0.0-0.8

Next day

-1.8+0.2-2.0-0.4-1.4

-2.4+0.6-3.0-1.4-1.1

-2.9-0.0-2.9+0.1-3.0

-3.3+0.5-3.8-0.2-3.1

-3.3+0.8-4.1-1.2-2.1

-6.1+0.6-6.7-1.8-4.4

15d

-5.5+1.3-6.8+0.5-6.0

-10.6-1.4-9.2-3.1-7.5

-13.1-0.6-12.5-6.3-6.8

—————

UpDownMarket · Nifty Microcap 250Sector · LPG/CNG/PNG/LNG Supplier peers, median of 6Pending

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

AI summary

IRM Energy appointed Mr. Ashish Maheshwari as new CFO and KMP effective August 14, 2026, replacing Mr. Arunkumar Saluru who relinquished the position effective end of business August 13, 2026. The change is due to a realignment of the Finance function. Mr. Saluru continues with the company as Vice President Finance and Accounts. Mr. Maheshwari, a Chartered Accountant with over 16 years of experience, earlier worked with Adani Group, Kalpataru Group and Reliance ADAG.

Likely market impact

Smooth internal transition; outgoing CFO stays in another role. New CFO brings strong finance credentials. Likely neutral for the stock.