Mangal Electrical appoints Rohit Pokharna as new CFO from Sept 16, 2026

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

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10m

-0.7

15m

-0.6

30m

-0.5

Sessions after the filingfrom the prior close

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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 Mr. Rohit Pokharna as Chief Financial Officer effective September 16, 2026, replacing Mr. Pawan Mendiratta who was relieved as CFO on August 31, 2026. New CFO gets Rupee 45 lakh per annum remuneration. He is a Chartered Accountant with over 9 years of finance experience including stints at EY and KPMG India. The Board also approved the Cost Audit Report for FY 2025-26.

Likely market impact

New CFO brings Big 4 finance expertise. Previous CFO exit shortly before replacement may raise continuity questions; routine leadership change otherwise.