CFO Retirement and Internal Successor at Mangalam Organics

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

MANORG · price

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

-2.2%Reaction day

₹578.00

prior close

₹580.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.1% vs market

On the reaction day the stock moved 2.1 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

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15m

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30m

-3.4

Sessions after the filingfrom the prior close

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Reaction day

-2.2-0.1-2.1

Next day

-4.8-0.7-4.1

-5.7-1.0-4.7

-4.0+0.0-4.0

-7.4+0.2-7.6

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15d

-0.7+0.8-1.4

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-17.6+5.0-22.7

-21.8+5.0-26.8

UpDownMarket · Nifty Microcap 250Pending

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AI summary

Mangalam Organics CFO Mr. Shrirang V. Rajule retires from June 30, 2026 upon reaching the company's retirement age, after over 20 years of service. Mr. Manoj Mhapadi, a Chartered Accountant with 20 plus years of experience who has served as Head of Finance for 10 years, is appointed as new CFO and KMP from July 1, 2026. He is also named Deputy Nodal Officer for IEPF matters. The company additionally appointed Mr. Vilas Vaghela as Internal Auditor and NKJ and Associates as Cost Auditor for FY 2026-27.

Likely market impact

Smooth internal succession as new CFO is the existing Head of Finance for 10 years, minimising disruption to financial leadership and operations.