CFO retirement and new CFO appointment at Mangalam Organics

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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

-0.9

10m

-0.9

15m

-0.9

30m

-3.4

Sessions after the filingfrom the prior close

StockMarketvs market

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

-8.0+1.1-9.1

-8.0+0.9-8.9

15d

-0.7+0.8-1.4

-9.2-0.8-8.3

-17.6+5.0-22.7

-21.8+5.0-26.8

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Mangalam Organics announced that CFO Shrirang V. Rajule will retire on June 30, 2026, upon reaching the company's retirement age after 20+ years of service. Manoj Mhapadi, a Chartered Accountant with over 20 years of experience who has been Head of Finance at the company for 10 years, will take over as CFO from July 1, 2026. The board also appointed Vilas Vaghela as Internal Auditor and NKJ & Associates as Cost Auditor for FY 2026-27.

Likely market impact

Routine planned CFO succession with an internal promotion. Smooth transition expected, no material impact on operations or governance.