KUSUMGARBSEKUSUMGAR LIMITEDHighNegative
Announced Tue, 11 Aug, 2026 · 13:51 IST

CFO Mr. Kinnar Mehta resigns to move into a strategy role

Cfo ResignedKmp 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
₹633.90
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
-0.2
10m
-0.3
15m
+0.1
30m
-2.9
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
———
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, effective close of business on 10 August 2026. He is stepping down to take up an internal role focused on business strategy and long-term value creation. He will also cease to be a Key Managerial Personnel under Section 203 of the Companies Act, 2013. The company will appoint a successor to lead the finance function. Mr. Mehta confirmed there is no other material reason and committed to a smooth handover.

Likely market impact

Internal transition rather than a typical exit, since Mr. Mehta stays with the company. Investors should watch for a timely CFO appointment.