Intimation of Resignation of Chief Financial Officer of the Company

Cfo ResignedKmp 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

-5.0%Reaction day

₹27.84

prior close

₹28.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-4.3%-0.7% vs market

Civil Construction peers, median of 83sector-4.3%-0.7% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.7 pts less than its Civil Construction 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

-2.5

10m

-7.3

15m

-3.3

30m

-3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-4.3-0.7-4.3-0.7

Next day

-0.3-2.0+1.8-1.7+1.4

+4.7-3.3+8.0-3.1+7.8

+9.9+0.0+9.9-0.6+10.5

+15.4+3.3+12.1+2.6+12.8

+11.3+4.1+7.2+3.5+7.8

+11.1+6.5+4.7+5.4+5.7

15d

+7.8+2.4+5.3+0.5+7.2

+3.8+2.5+1.3+0.4+3.4

+24.2+17.4+6.8+12.8+11.4

+18.9+18.3+0.6+11.0+7.9

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 83Pending

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

AI summary

Modern Engineering And Projects Ltd has informed the stock exchanges that its Chief Financial Officer (CFO) has resigned from the position. The company has made the required intimation to BSE/NSE as per listing regulations. No details on the reason for resignation or succession plan have been disclosed in the headline. The departure of a CFO is a significant leadership change at the financial helm of the company.

Likely market impact

Short-term sentiment may turn negative as investors view CFO exits as a potential governance red flag, especially if no replacement is announced quickly. Watch for further updates on the appointment of a new CFO.