Announced Sat, 16 May · 17:50 IST

Resignation of Chief Financial Officer

Cfo ResignedManagement Changes View source PDF

KRN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-11.3%1-day move
₹1172.80
prior close
₹1162.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+0.7-0.4-1.7-11.3-10.0-6.4-5.3-7.2-4.2+5.0+3.9+7.2
Up moveDown movePending
AI summary

Mr. Sonu Gupta has resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) at KRN Heat Exchanger and Refrigeration Ltd, effective from close of business on 14th May, 2026. The resignation is attributed to internal restructuring and a changed role within the company. Although he will cease to be CFO and KMP, Mr. Gupta will continue with the company as Senior Management Personnel. The company has disclosed this change to BSE and NSE under SEBI's Regulation 30 listing obligations.

Likely market impact

The departure of the CFO signals management restructuring. Since the individual remains with the company in a different capacity, the immediate market impact may be limited, but investors should watch for any subsequent changes in financial leadership or strategy.