Announced Sat, 22 Aug, 2026 · 16:15 IST

CFO Mr. Chandar Prakash resigns effective September 1, 2026

Cfo 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

+0.9%Reaction day

₹6.48

prior close

₹6.59

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.7% vs market

Gems, Jewellery And Watches peers, median of 37sector-0.3%+1.3% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.3 pts more than its Gems, Jewellery And Watches 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

-1.5

10m

-0.6

15m

-0.6

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9+0.3+0.7-0.3+1.3

Next day

+0.3-0.2+0.5-0.4+0.7

+0.9+0.4+0.5-0.5+1.4

+1.7+0.2+1.5-0.7+2.4

-0.8+0.5-1.3-1.2+0.4

+3.4+0.8+2.6-1.2+4.6

-0.6-0.8+0.2-3.5+2.8

15d

-0.8-2.1+1.3-3.5+2.7

+7.9+0.2+7.6-4.0+11.9

-3.5-9.2+5.6-9.3+5.7

—————

UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 37Pending

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

AI summary

Orosil Smiths India announced the resignation of Mr. Chandar Prakash as Chief Financial Officer and Key Managerial Personnel, effective from close of business on August 31, 2026. The Board accepted the resignation and recorded appreciation for his services. Mr. Prakash cited pursuing other opportunities as the reason and confirmed there are no material reasons behind his exit. He holds no shares in the company. His resignation letter is enclosed as Annexure A with the filing.

Likely market impact

CFO exit may cause short-term leadership gap in finance function. No governance red flags raised. Watch for replacement announcement.