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MHLXMIRUNSEMahalaxmi Rubtech Limited· Textiles & ApparelsHighNegative
Announced Fri, 10 Oct, 2025 · 18:08 IST

CFO Rajendra Ratanchand Mehta to step down effective 30 November 2025

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

MHLXMIRU · 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
-0.1%Reaction day
₹219.20
prior close
₹216.25
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+0.4% vs market
Other Textile Products peers, median of 176sector-0.5%+0.4% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.4 pts more than its Other Textile Products 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
Stock
5m
+0.0
10m
+0.0
15m
+0.0
30m
+1.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.1-0.5+0.4-0.5+0.4
Next day
-4.7-1.7-3.0-1.2-3.4
2d
-6.3-0.7-5.6-1.4-4.9
3d
-2.4-0.2-2.3-0.9-1.6
4d
-3.4-0.7-2.7-1.1-2.3
5d
-2.9+0.3-3.2-0.8-2.1
1w
-3.5+0.9-4.4+0.5-4.0
15d
-3.7+1.4-5.1-0.5-3.2
1m
-5.2+0.3-5.5-1.0-4.2
2m
+0.4-4.5+4.9-7.5+7.9
3m
-11.3-7.4-3.8-12.6+1.4
UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 176Pending

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

AI summary

Rajendra Ratanchand Mehta resigned as Chief Financial Officer after tendering his resignation on 9 October 2025. He will step down at the close of business on 30 November 2025, citing a new career path and better opportunities. He stated there were no other material reasons and committed to a smooth handover. No successor was disclosed.

Likely market impact

The finance leadership vacancy may create short-term uncertainty until a successor is named. The filing reports no disagreement or other adverse reason.