Announced Wed, 4 Nov, 2026 · 15:57 IST

CFO Vivek Bahety resigns; T. Parthasarathi appointed immediately

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

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

-14.4%Reaction day

₹187.00

prior close

₹187.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-15.6% vs market

On the reaction day the stock moved 15.6 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

+0.0

10m

+3.7

15m

+3.7

30m

+3.7

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-14.4+1.1-15.6

Next day

-14.4pendingpending

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15d

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

The board accepted Mr. Vivek Bahety's resignation as Chief Financial Officer and a key managerial person, effective November 4, 2026, citing personal reasons and career opportunities. Mr. T. Parthasarathi, a chartered accountant with over 30 years of senior finance experience, was appointed to both roles the same day.

Likely market impact

The same-day appointment avoids a gap in finance leadership and supports continuity, though the market may assess the new CFO's performance.