Nitco Limited CFO Sitanshu Satapathy resigns effective 13 January 2026

Cfo ResignedManagement Changes View source PDF Explain this filing

NITCO · 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

+7.5%Reaction day

₹83.70

prior close

₹82.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+7.5% vs market

Ceramics peers, median of 9sector+0.0%+7.5% vs sector

On the reaction day the stock moved 7.5 pts more than Nifty Microcap 250 and 7.5 pts more than its Ceramics 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

+2.1

10m

+3.5

15m

+5.1

30m

+12.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.5-0.1+7.5+0.0+7.5

Next day

+5.3-0.4+5.7+0.5+4.8

+4.9-1.8+6.7-0.0+4.9

-2.0-4.4+2.4-1.2-0.8

-4.5-5.2+0.7-3.3-1.2

+2.7-3.7+6.4-2.9+5.7

-6.8-5.6-1.1-4.8-2.0

15d

-0.1-0.5+0.4+0.0-0.2

-4.1-0.2-3.9-3.6-0.5

-21.1-10.0-11.1-12.9-8.3

+8.1+0.9+7.2-0.6+8.7

UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 9Pending

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

AI summary

Mr. Sitanshu Satapathy has resigned as Chief Financial Officer and Key Managerial Personnel of Nitco Limited, effective from the close of business on 13 January 2026. He cited future plans of self-engagement as the reason. He also ceases to be a Senior Management Personnel of the company from the same date. The company has acknowledged and appreciated his services during his tenure.

Likely market impact

Sudden CFO exit may create leadership uncertainty and could delay financial reporting until a successor is appointed. Watch for a new CFO announcement.