KIRLOSINDNSEKirloskar Industries Limited· Industrial ProductsHighNegative
Announced Tue, 4 Nov, 2025 · 19:53 IST

Kirloskar Industries Limited has informed the Exchange regarding Cessation of Mr Mr. Anandh Baheti as Chief Financial Officer of the company w.e.f. November 04, 2025.

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

KIRLOSIND · 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
-2.4%Reaction day
₹3748.40
prior close
₹3774.90
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-0.7% vs market
Iron & Steel Products peers, median of 94sector-2.1%-0.3% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 pts less than its Iron & Steel Products 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
5m
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10m
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15m
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.4-1.7-0.7-2.1-0.3
Next day
-2.7-1.3-1.4-1.6-1.1
2d
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-2.6-1.0-1.6-2.2-0.4
5d
-1.4-1.1-0.3-2.3+0.9
1w
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15d
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1m
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2m
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3m
-16.9-9.1-7.7-9.8-7.0
UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 94Pending

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

AI summary

Mr. Anandh Baheti has ceased to be the Chief Financial Officer of Kirloskar Industries Limited, effective from the close of business hours on November 4, 2025. He had tendered his resignation on August 29, 2025, to pursue other career growth opportunities, and served his notice period before being relieved. He also stepped down as CFO of the company's wholly-owned subsidiary, Avante Spaces Limited. The company has confirmed there are no material reasons for his departure beyond what was disclosed, and it is in the process of appointing a new CFO and Key Managerial Person.

Likely market impact

This is a routine leadership transition with a planned handover, and the company has already initiated the search for a replacement. Investors should watch for the announcement of a new CFO, as prolonged vacancy at this level could create temporary uncertainty around financial reporting and strategic continuity.