CFO retires, internal appointee takes over; auditors named for FY27

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

Board approved retirement of CFO Mr. Shrirang Rajule effective June 30, 2026, upon reaching the company retirement age after 20 plus years of service. Mr. Manoj Mhapadi, a Chartered Accountant and current Head of Finance with 10 years at the company, appointed as new CFO from July 1, 2026. Mr. Vilas Vaghela named Internal Auditor and M/s NKJ and Associates as Cost Auditor for FY 2026-27.

Likely market impact

Planned CFO transition with internal promotion; new auditors in place for FY27. Low governance risk.