CFO K Lalitha resigns; Srishti M Bathija takes over

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

MANALIPETC · 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

-1.8%Reaction day

₹65.90

prior close

₹65.94

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.5% vs market

Petrochemicals peers, median of 13sector-1.2%-0.6% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 0.6 pts less than its Petrochemicals 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

+0.1

10m

-0.2

15m

-0.6

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-0.3-1.5-1.2-0.6

Next day

-2.1-0.5-1.6-1.0-1.1

-1.8-0.8-1.0-1.8-0.0

+7.8-0.6+8.4-0.5+8.2

+10.8+0.1+10.7-2.3+13.1

+11.2-0.5+11.7-3.1+14.3

+12.8-0.6+13.4-4.1+16.9

15d

+11.7+1.3+10.4-0.3+12.0

+5.5-0.2+5.7-4.2+9.7

-8.2-6.8-1.4-12.9+4.7

-7.3-3.4-3.9-11.4+4.1

UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 13Pending

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

AI summary

K Lalitha resigned as Chief Financial Officer effective 3 October 2025 and also left the senior management team, with no other material reasons cited. Srishti M Bathija was appointed CFO for MPL Group immediately. She is a chartered accountant with over 10 years of finance experience. Anand Raghavan joined the board as an additional non-executive independent director for five years, subject to shareholder approval by postal ballot.

Likely market impact

The immediate CFO appointment supports continuity. The new independent director may improve oversight, subject to shareholder approval.