Announced Tue, 23 Jun · 17:00 IST
CFO retirement and new CFO appointment at Mangalam Organics
Management Changes View source PDF
MANORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹578.00
prior close
₹580.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.9-0.9-3.4-4.8-5.7-4.0-7.4-8.0-8.0-0.7-9.2——
Up moveDown movePending
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.