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KECLNSEKirloskar Electric Company Limited· PowerHighNegative
Announced Fri, 6 Mar, 2026 · 18:23 IST

Kirloskar Electric Company Limited has informed the Exchange about the intimation on relieving of Mr. Sanjeev Kumar S from the position of Chief Financial Officer of the Company with the closure of business hours of today (i.e., 06.03.2026).

CFO resignedKey managerial personnel resignedManagement Changes View source PDFExplain this filing

KECL · 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
-0.1%Reaction day
₹81.25
prior close
₹80.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.7%+2.6% vs market

On the reaction day the stock moved 2.6 pts more 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
Stock
5m
-2.4
10m
-2.5
15m
-1.6
30m
-1.4
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
-0.1-2.7+2.6
Next day
+3.6-0.3+4.0
2d
+1.5-0.5+2.0
3d
+2.0-0.8+2.7
4d
-1.9-3.6+1.7
5d
-3.2-4.2+1.1
1w
+2.8-0.7+3.4
15d
+6.3-3.4+9.7
1m
+21.8+2.6+19.2
2m
+51.4+15.6+35.8
3m
+27.5+16.6+10.9
UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Kirloskar Electric Company has informed the stock exchanges that Mr. Sanjeev Kumar S has been relieved from the position of Chief Financial Officer with effect from the close of business hours on 6 March 2026. This follows an earlier intimation made by the company on 13 February 2026, suggesting the exit was previously communicated and has now been formalised. The reason for the change is classified as cessation, and the company has thanked him for his contributions during his tenure. No replacement or interim CFO has been announced in this filing.

Likely market impact

A CFO exit can create short-term uncertainty around financial reporting and leadership continuity. Investors should watch for a formal appointment of a new CFO, as prolonged vacancies at the KMP level may be viewed negatively by the market.