Board Outcome: CFO Resignation, MD Succession, Auditor Appointments

Cfo ResignedKmp ResignedPromoter Family Board EntryManagement Changes View source PDF Explain 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

-1.5%Reaction day

₹200.00

prior close

₹191.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-1.1% vs market

Pesticides & Agrochemicals peers, median of 28sector+0.4%-1.9% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.9 pts less than its Pesticides & Agrochemicals 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

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10m

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15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-0.4-1.1+0.4-1.9

Next day

-2.3+0.2-2.4+0.9-3.2

-8.5-0.1-8.4-0.3-8.2

-9.1+0.2-9.4-0.3-8.9

-7.3+0.5-7.8-1.3-6.0

-7.5-0.4-7.1-1.0-6.5

-12.0-0.4-11.6-0.8-11.2

15d

-10.8-2.5-8.3-5.9-4.9

-8.5+0.3-8.8-4.7-3.8

-14.5-9.4-5.1-18.0+3.5

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UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 28Pending

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

AI summary

Board approved 24th AGM on Sep 29, 2026. Mr. Prashant Krishnamurthy resigned as CFO effective Oct 31, 2026 and will be redesignated as Managing Director from Nov 1, 2026. Krishnamurthy Ganesan redesignated from MD to Chairman. Amarendra Mohapatra appointed new CFO and Kush Mishra appointed Company Secretary from Aug 25, 2026. One new Independent Director appointed, two others reappointed for another 3 year term. Auditor appointments approved for FY27. Remuneration revised for executive directors.

Likely market impact

Planned family led succession as founder moves to Chairman and son elevated to MD; new external CFO and Company Secretary in place. Routine reshuffle.