KUSUMGARBSEKUSUMGAR LIMITEDHighNegative
Announced Tue, 11 Aug, 2026 · 13:56 IST

CFO Kinnar Mehta resigns to move into internal strategy role

Cfo ResignedManagement Changes View source PDFExplain this filing

KUSUMGAR · 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
-0.2%Reaction day
₹635.00
prior close
₹632.05
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-0.0% vs market

On the reaction day the stock moved in line with 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
+0.0
10m
+0.4
15m
-2.8
30m
-1.7
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
-0.2-0.2-0.0
Next day
-2.7+0.2-2.9
2d
-5.6+0.4-5.9
3d
-5.5+0.4-5.9
4d
-6.6+0.6-7.1
5d
-6.1+0.9-7.1
1w
-9.1+0.9-10.0
15d
-11.3+0.9-12.3
1m
-10.7+2.3-13.0
2m
-7.7-1.1-6.6
3m
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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Mr Kinnar Mehta has resigned as Chief Financial Officer of Kusumgar Limited with effect from close of business hours on August 10, 2026. He is not leaving the company but is transitioning internally into a role focused on business strategy and long-term value creation. The company will appoint a successor CFO to lead the finance function. He also ceases to be a Key Managerial Personnel. No other material reasons for the change have been cited.

Likely market impact

Internal transition rather than exit, suggesting continuity. Investors should watch for the successor CFO announcement and any disclosure on the new strategy role.