CFO Arup Mandal resigns citing personal reasons

Cfo ResignedManagement Changes View source PDF Explain this filing

MAHSEAMLES · 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

-1.6%Reaction day

₹610.00

prior close

₹611.70

announcement price

After-mkt

timing

Nifty Microcap 250market+0.2%-1.8% vs market

Iron & Steel Products peers, median of 100sector-0.2%-1.4% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.4 pts less than its Iron & Steel 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

-0.8

10m

-0.7

15m

-0.5

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.2-1.8-0.2-1.4

Next day

-1.2-0.5-0.7-1.0-0.2

-4.2-2.5-1.7-2.6-1.6

-3.0-0.6-2.4-1.4-1.7

-2.0+0.7-2.7-0.7-1.3

-2.9+0.9-3.7-1.2-1.7

-3.5+0.5-4.0-1.2-2.3

15d

-5.0-0.2-4.7-3.6-1.3

-4.9+2.9-7.8-2.7-2.2

+13.2+5.0+8.2+1.9+11.3

+12.3+3.7+8.6-0.1+12.4

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 100Pending

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

AI summary

Maharashtra Seamless Limited has informed stock exchanges that its Chief Financial Officer, Mr. Arup Mandal, has resigned with effect from the close of business on 2 July 2026. The resignation was filed under SEBI LODR Regulation 30 with the resignation letter enclosed. Mr. Mandal cited personal reasons for his exit and requested to be relieved on 2 July 2026. No replacement has been announced so far in this filing.

Likely market impact

Sudden CFO exit on personal grounds may create short-term uncertainty; investors should watch for a replacement appointment announcement.