Kirloskar Industries Limited has informed the Exchange regarding Cessation of Mr Anandh Baheti as Chief Financial Officer of the company w.e.f. August 29, 2025.
KIRLOSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.8 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kirloskar Industries Limited has informed the stock exchanges that Mr. Anandh Baheti has resigned as the Chief Financial Officer (CFO) and Key Managerial Person (KMP) of the company, effective August 29, 2025. He has also stepped down from the same role at the company's wholly-owned subsidiary, Avante Spaces Limited. The reason cited is to pursue other career growth opportunities, and he has confirmed there is no other material reason for his exit. Mr. Baheti will serve out his notice period and assist in a smooth transition as per company policy. The company is in the process of identifying and appointing a suitable replacement for the CFO position and will inform the exchanges once finalised.
Short-term uncertainty over financial leadership at Kirloskar Industries, but the company has stated a replacement is being arranged. The transition during the notice period should ensure continuity in financial reporting and operations, limiting material impact on shareholders.