BSEPankaj Polymers Ltd· Industrial ProductsHighNegative
Announced Mon, 18 Aug, 2025 · 16:15 IST

In continuation to our intimation dated 06.08.2025, and pursuant to Reg 30 r.w Sub-para 7C of Para A of Part A of Sch III, we would like to inform that Mr.T.Brahmaiah, who has resigned ....

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

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Price reactionminutes from the announcement price · days from the prior close
-4.4%Reaction day
₹17.00
prior close
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Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-5.6% vs market
Packaging peers, median of 61sector+0.8%-5.2% vs sector

On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 5.2 pts less than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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

AI summary

Pankaj Polymers Ltd has informed BSE that Mr. T. Brahmaiah, who resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), has been formally relieved from services with effect from 15th August 2025. This is in continuation of the company's earlier intimation dated 6th August 2025 regarding the resignation. According to the resignation letter, Mr. Brahmaiah is leaving to pursue a new career opportunity outside the organization in a different industry, with no other material reasons cited. The resignation letter dated 6th August 2025 has been enclosed with the filing.

Likely market impact

The departure of the CFO creates a key leadership vacancy at Pankaj Polymers that needs to be filled promptly to ensure financial oversight and compliance continuity. Investors may monitor for any upcoming announcement regarding a replacement, as a prolonged gap in the CFO position could be viewed negatively.