K Lalitha resigns as CFO; Srishti M Bathija appointed

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

MANALIPETC · price

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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

On 3 October 2025, the board accepted K Lalitha's immediate resignation as CFO and key management personnel; she cited no material reasons and will remain in finance in a non-management role. Chartered accountant Srishti M Bathija, with over 10 years' experience, was appointed CFO and key management personnel. Anand Raghavan was appointed a non-executive independent director for five years, subject to shareholder postal ballot approval.

Likely market impact

A new CFO takes over immediately, supporting continuity as the outgoing CFO stays in finance. Board expansion still needs shareholder approval.