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KALYANIFRGNSEKalyani Forge Limited· Industrial ProductsHighNegative
Announced Wed, 19 Nov, 2025 · 19:36 IST

Kalyani Forge Limited has informed the Exchange regarding Resignation of Mr Nilesh Bandale as Chief Financial Officer of the company w.e.f. November 19, 2025.

CFO resignedManagement Changes View source PDFExplain this filing

KALYANIFRG · 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
-3.2%Reaction day
₹686.00
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-2.9% vs market
Castings & Forgings peers, median of 20sector+0.2%-3.4% vs sector

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 3.4 pts less than its Castings & Forgings 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
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-3.2-0.3-2.9+0.2-3.4
Next day
-1.6-1.8+0.2-1.1-0.6
2d
-7.7-2.4-5.3-3.0-4.7
3d
-5.2-2.3-2.9-0.5-4.8
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-4.4-1.0-3.3-0.6-3.8
5d
-7.8-1.5-6.3+0.2-8.0
1w
-1.6-1.7+0.1+1.3-2.9
15d
-9.6-5.0-4.6-3.2-6.5
1m
-5.3-3.6-1.8-2.8-2.5
2m
-18.5-11.3-7.2-10.5-8.0
3m
-5.9-7.7+1.8-2.2-3.7
UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 20Pending

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

AI summary

Kalyani Forge Limited has informed the stock exchange that Mr. Nilesh Bandale has resigned as the Chief Financial Officer of the company. His resignation will take effect from November 19, 2025. No reason for the departure or details about a successor have been disclosed in this filing. The company has not provided any additional financial context or guidance related to this change.

Likely market impact

An unplanned CFO exit can create short-term uncertainty around financial reporting continuity and strategy execution. Investors should watch for a timely replacement announcement and any reasons cited, as unexplained senior finance exits sometimes raise governance concerns.