Kings Infra CFO resigns; Akhil Haridas appointed as new CFO

Cfo ResignedManagement Changes View source PDF Explain this filing

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

₹70.26

prior close

₹71.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+2.9% vs market

Seafood peers, median of 6sector-0.6%+3.7% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.7 pts more than its Seafood 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

+0.0

10m

+0.0

15m

+0.0

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.2+0.3+2.9-0.6+3.7

Next day

+2.2-1.3+3.5-0.9+3.1

+1.1-0.3+1.4-0.5+1.6

+2.8-0.6+3.4-3.3+6.1

+1.1-1.8+2.9-2.4+3.4

+0.5-1.8+2.3-4.1+4.6

-7.5-0.8-6.7-1.0-6.5

15d

-9.1-4.1-4.9-7.0-2.0

-13.9-9.4-4.5-8.5-5.4

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UpDownMarket · Nifty Microcap 250Sector · Seafood peers, median of 6Pending

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

AI summary

Board accepted the resignation of CFO Mr. Lalbert Cherian effective September 25, 2026. Mr. Akhil Haridas, a qualified Cost and Management Accountant (CMA) with over a decade of experience in finance, accounting, treasury, budgeting and ERP-led process improvement, was appointed as the new CFO from the same date at a monthly remuneration of Rs. 1.50 lakh. The transition happened on the same day.

Likely market impact

Smooth same-day CFO transition; new CFO brings finance and ERP expertise. Limited immediate share-price impact expected.