OFSS: CEO Padalkar resigns, CFO Ketkar named new MD & CEO; Q1 results strong

Ceo ResignedKmp ResignedManagement Changes View source PDF

OFSS · price

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

Price reaction · full curve 14 horizons · vs prior close

-1.8%1-day move

₹10790.00

prior close

₹11299.00

base price

After-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.9-1.8-2.7-6.2-1.8+2.9————————

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AI summary

Board approved Q1 FY27 results. Standalone revenue Rs 25,669M (up from Rs 15,663M), net profit Rs 13,636M vs Rs 11,111M. CEO Makarand Padalkar resigns effective end of July 23, 2026. Current CFO Avadhut Ketkar appointed new MD & CEO for 3 years. Manish Bhandari named new CFO.

Likely market impact

Smooth internal succession. Padalkar stays briefly for handover. Q1 results sharply higher year-on-year.