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BSEMadhusudan Securities Ltd· FinanceHighNegative
Announced Tue, 9 Dec, 2025 · 23:04 IST

Resignation of Ms. Sausan Bukhari as CFO

CFO resignedKey managerial personnel resignedManagement Changes View source PDFExplain this filing

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
-0.8%Reaction day
₹26.51
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-0.2% vs market
Non Banking Financial Company (NBFC) peers, median of 195sector+0.0%-0.8% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.8 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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StockMarketvs marketSectorvs sector
Reaction day
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Next day
-4.8-0.2-4.5-0.2-4.6
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-8.3+0.1-8.4+0.4-8.8
3d
-4.3+0.6-4.8+0.0-4.3
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-15.1-0.1-15.1-0.7-14.5
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-9.1-1.0-8.1-0.8-8.3
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-21.2+0.5-21.7-5.1-16.2
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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 195Pending

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

AI summary

MSL Global Limited has announced the resignation of Ms. Sausan Bukhari as Chief Financial Officer (CFO) and Key Managerial Personnel, effective December 9, 2025. According to the company, she has stepped down to focus on the company's broader strategic direction, governance, and long-term planning as a board member, rather than continuing in the day-to-day operational CFO role. To fill the position, the Board has appointed Mr. Vishwanatha Srinivas as the new CFO with effect from December 9, 2025. Mr. Srinivas brings over 20 years of experience in finance, accounts, budgeting, taxation, insurance, secretarial and legal functions, with prior stints at companies such as UPL Limited, SRF Limited, Punjab Chemicals & Crop Protection Ltd, and Samtel Color Ltd. The company is currently listed on BSE under scrip code 511000.

Likely market impact

This is a routine leadership transition at a small-cap company. The CFO change is amicable, and the successor brings two decades of relevant finance experience from established listed companies, which may reassure shareholders. The stock price is unlikely to be materially impacted given the orderly handover.