Interim CFO resigns; Praveen Sood appointed CFO from November 12

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

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₹396.05

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Industrial Products peers, median of 129sector——

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AI summary

Anand Agarwal resigned as Interim Chief Financial Officer and key managerial personnel after business hours on November 5, 2026, to pursue other opportunities. The board appointed Praveen Sood as Chief Financial Officer from November 12, 2026. In the September quarter, consolidated revenue from operations was INR 1,840.29 million, profit after tax was INR 132.77 million and earnings per share was INR 2.36.

Likely market impact

The brief handover gap is limited, and an experienced permanent CFO may support investor confidence, though the exit creates short-term uncertainty.