CFO change at Ken Enterprises; Mulay steps down, Kolhapure appointed

CFO resignedManagement Changes View source PDF Explain this filing

KEN · price

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

-0.9%Reaction day

₹42.90

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-1.6% vs market

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250, 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

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Sessions after the filingfrom the prior close

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Reaction day

-0.9+0.7-1.6

Next day

-4.4-1.0-3.5

-4.2-0.3-3.9

-4.4-1.9-2.5

-3.8-4.5+0.6

-5.6-5.5-0.1

-6.3-7.3+1.0

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

AI summary

The board of Ken Enterprises accepted the resignation of Mr. Sachin Janardan Mulay as CFO effective October 13, 2026. He will continue as Whole-time Director and KMP, with no other material reasons cited. Mr. Abhishek Rajendra Kolhapure, a Chartered Accountant currently serving as Manager - Finance and Accounts at the company, has been appointed as the new CFO and KMP from the same date. He has over four years of post-qualification experience.

Likely market impact

Internal CFO transition; smooth handover as the outgoing CFO stays on the board. The new CFO is a known internal candidate with finance experience.