MASTEKNSEMastek Limited· IT - SoftwareHighNegative
Announced Tue, 24 Jun, 2025 · 18:54 IST

Mastek Limited has informed the Exchange regarding Resignation of Mr. Raghavendra Jha as Chief Financial Officer

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

MASTEK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.8%Reaction day
₹2485.10
prior close
₹2499.90
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.9%-1.1% vs market
Computers - Software & Consulting peers, median of 59sector+1.6%-0.8% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.8 pts less than its Computers - Software & Consulting peers, 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
5m
+0.6
10m
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15m
+1.0
30m
+0.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.8+1.9-1.1+1.6-0.8
Next day
-1.3+1.9-3.3+1.6-2.9
2d
-2.1+2.4-4.6+2.0-4.1
3d
-1.9+3.3-5.2+2.0-3.9
4d
-2.2+3.4-5.6+2.2-4.4
5d
-1.5+3.2-4.7+1.9-3.4
1w
+2.4+3.7-1.3+2.9-0.4
15d
+2.9+5.4-2.4+2.4+0.6
1m
-0.6+2.4-3.0-1.5+0.9
2m
+4.5+0.8+3.7-3.0+7.5
3m
-12.9+1.1-14.0-3.4-9.5
UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 59Pending

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

AI summary

Mastek Limited has informed the stock exchanges that its Chief Financial Officer and Key Managerial Personnel, Mr. Raghavendra Jha, has resigned from the company citing personal reasons. Mr. Jha submitted his resignation via email on June 23, 2025, and has requested his last working day to be July 11, 2025. No other material reason has been disclosed for his exit. The company has stated that it will begin searching for a suitable replacement. The intimation has been made under SEBI Listing Regulations and the detailed disclosure has been attached as Annexure A.

Likely market impact

The sudden exit of the CFO may create short-term uncertainty for shareholders, as financial leadership transitions can raise questions about continuity and strategy. Investors should watch for the appointment of a new CFO and any guidance from the company on the transition timeline. The resignation is for personal reasons with no governance concerns flagged.