MD and CFO resign; new MD and CFO appointed

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

-1.0%Reaction day

₹0.97

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.3% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector+0.4%-1.5% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.5 pts less than its Non Banking Financial Company (NBFC) 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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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.3-1.3+0.4-1.5

Next day

+3.1+1.1+2.0+0.1+3.0

+8.2+1.3+6.9+1.2+7.0

+11.3+2.0+9.3+1.3+10.1

+5.2+0.3+4.8+0.7+4.4

+4.1+1.1+3.1+0.5+3.6

-4.1-3.2-0.9-1.4-2.7

15d

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

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

AI summary

Mr. Ketanbhai Shivabhai Gosai resigned as Managing Director and CFO of Leading Leasing Finance and Investment Company on 8 October 2026, citing pre-occupation with other professional commitments. The Board appointed Mr. Satish Sahadev Kalmaste as the new Managing Director for five years and also as CFO, effective the same day. Kalmaste holds a B.Com from Mumbai University with 11 years of experience in accounts, finance, and income tax. Board committees were reconstituted. Shareholder and regulatory approvals are pending for the MD appointment.

Likely market impact

Combined MD and CFO role under one person concentrates leadership. Resignation cited personal pre-occupation, not material concerns.