Latteys Industries appoints Mr Ashish Singhal as Chief Financial Officer

Management Changes View source PDF Explain this filing

LATTEYS · price

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Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹22.98

prior close

₹22.99

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-5.2% vs market

Compressors Pumps & Diesel Engines peers, median of 12sector+0.1%-5.2% vs sector

On the reaction day the stock moved 5.2 pts less than Nifty Microcap 250 and 5.2 pts less than its Compressors Pumps & Diesel Engines 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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-5.0+0.1-5.2+0.1-5.2

Next day

-3.2+2.2-5.3+1.6-4.8

-8.1+1.8-9.9-0.3-7.8

-6.0+3.6-9.7+2.0-8.0

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15d

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-3.2+3.8-7.0+4.6-7.8

-23.9-5.2-18.7-2.8-21.1

-10.7+12.5-23.2+16.0-26.7

UpDownMarket · Nifty Microcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 12Pending

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

AI summary

Latteys Industries board, in its meeting on Jan 23, 2026, approved the appointment of Mr Ashish Singhal as Chief Financial Officer and Key Managerial Personnel effective Jan 24, 2026. He is a qualified finance professional with experience in finance, accounts, taxation, budgeting, statutory compliances, and financial reporting. He holds no shares in the company. He is the brother-in-law of Mr Pawan Garg, Whole-Time Director.

Likely market impact

Routine KMP appointment; new CFO is related to existing Whole-Time Director, a governance point to note.