CFO Avinash Bapat resigns; Sriram Kumar takes over

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

MAHLIFE · 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

+6.0%Reaction day

₹386.00

prior close

₹392.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+4.9% vs market

Residential Commercial Projects peers, median of 60sector+0.9%+5.0% vs sector

On the reaction day the stock moved 4.9 pts more than Nifty Microcap 250 and 5.0 pts more than its Residential Commercial Projects 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

+1.2

10m

+1.7

15m

+1.1

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.0+1.1+4.9+0.9+5.0

Next day

+5.4+0.3+5.1-0.1+5.5

+3.4-1.4+4.8-1.8+5.1

+3.0-1.0+4.0-2.0+5.0

+3.0-1.4+4.4-2.4+5.5

+1.8-1.6+3.4-2.7+4.5

+0.3-0.8+1.1-3.0+3.3

15d

+1.8-3.6+5.4-7.2+9.0

+8.7-4.0+12.7-6.6+15.3

+1.6-3.9+5.4-7.2+8.7

-3.9-8.4+4.5-15.7+11.8

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 60Pending

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

AI summary

Mr Avinash Bapat will step down as Chief Financial Officer after October 31, 2025, after moving to a new role within the Mahindra Group. Mr Sriram Kumar, currently Vice President for financial planning, costing and investor relations, will become CFO from November 1, 2025. The board approved both changes on October 31.

Likely market impact

This planned internal handover supports continuity. No financial outlook changed, so any direct effect on earnings or the share price is likely limited.