CFO retires after 20 plus years; internal and cost auditors appointed

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

-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 CFO Shrirang Rajule retires June 30, 2026 after 20 plus years under company age policy. Manoj Mhapadi, current Head of Finance and Chartered Accountant with 20 plus years experience, becomes new CFO from July 1. Vilaskumar Vaghela appointed Internal Auditor and NKJ and Associates as Cost Auditor for FY 2026-27. Mr Mhapadi also takes over as IEPF Nodal Officer.

Likely market impact

Planned CFO transition with internal promotion. New CFO has 10 years at the firm, signalling continuity. Auditors set for FY 2026-27.