Motherson Sumi Wiring India Limited has informed the Exchange regarding Resignation of Mr Mahender Chhabra as Chief Financial Officer of the company w.e.f. Jun 04, 2025.

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

MSUMI · price

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Price reactionminutes from the announcement price · days from the prior close

-1.1%Reaction day

₹38.61

prior close

₹38.88

announcement price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%-1.7% vs market

Auto Components & Equipments peers, median of 106sector+0.8%-1.8% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Smallcap 250 and 1.8 pts less than its Auto Components & Equipments 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

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Next day

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UpDownMarket · Nifty Smallcap 250Sector · Auto Components & Equipments peers, median of 106Pending

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

AI summary

Motherson Sumi Wiring India Limited has informed the stock exchanges that Mr. Mahender Chhabra has resigned from the position of Chief Financial Officer (CFO) effective June 4, 2025 (close of business hours). The resignation letter was submitted on May 16, 2025, citing personal reasons and his desire to explore other professional avenues. The company has acknowledged his services during his tenure. No successor has been announced in this filing.

Likely market impact

The CFO is a key managerial personnel, so this is a material leadership change. Investors should watch for the appointment of a new CFO, as gaps in finance leadership can temporarily affect reporting cycles or strategic continuity, though the company appears to have a smooth transition window of about three weeks.