CFO change at Jyoti Structures: Khan steps down, Salunke appointed; Anil Jain joins board

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

JYOTISTRUC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.7%Reaction day

₹8.81

prior close

₹8.96

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.0% vs market

Heavy Electrical Equipment peers, median of 34sector+0.3%+1.4% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.4 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-1.2

15m

-1.1

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.7+1.0+0.3+1.4

Next day

-2.4-1.0-1.4-1.5-0.9

-4.9-3.6-1.3-4.2-0.7

-8.4-4.5-3.9-6.1-2.3

-5.9-6.8+0.9-8.9+3.0

+3.1-6.4+9.5-7.3+10.4

+18.5-4.7+23.2-5.1+23.6

15d

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UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

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

AI summary

Board meeting on Oct 15, 2026: Abdul Hameed Khan relinquished CFO role but continues as Whole-time Director till June 30, 2028. Deepak Dinkar Salunke, a 36-year company veteran with finance expertise, appointed new CFO and KMP till June 30, 2029. Anil Jain, a power sector veteran with 44 years at POWERGRID, UPPTCL and DERC, appointed Additional Non-Executive Director subject to shareholder approval.

Likely market impact

Smooth internal CFO transition with continuity via WTD role; new board addition brings deep power sector expertise.