Mangal Electrical appoints Rohit Pokharna as new CFO at Rs 45 lakh per annum

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

MEIL · price

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Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹270.00

prior close

₹273.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-1.2% vs market

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250, 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

-0.6

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-0.4+0.8-1.2

Next day

+0.5+2.5-2.0

-1.2+2.3-3.5

+1.1+2.8-1.6

+1.9+4.1-2.2

+1.4+2.5-1.1

+0.6+1.2-0.6

15d

+3.2-0.8+4.0

+0.0-1.7+1.7

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Mangal Electrical Industries appointed Rohit Pokharna as CFO effective September 16, 2026, replacing Pawan Mendiratta who was relieved from the role on August 31, 2026. Pokharna is a Chartered Accountant with 9+ years experience including stints at Big 4 firms EY and KPMG India. Annual remuneration is Rs 45 lakh. Board also approved Cost Audit Report for FY 2025-26.

Likely market impact

New CFO brings Big 4 audit and IPO experience. Prior CFO was relieved mid-term which may raise governance questions for investors.