Permanent Magnets appoints new CFO as Sukhmal Jain steps down

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

PERMAGN · 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

-0.1%Reaction day

₹838.05

prior close

₹830.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.2% vs market

Other Electrical Equipment peers, median of 53sector-0.2%+0.2% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.2 pts more than its Other Electrical Equipment 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

-0.0

10m

-0.6

15m

-0.4

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.3+0.2-0.2+0.2

Next day

+3.3-1.5+4.9-1.0+4.3

+2.1-1.5+3.7-1.7+3.8

+1.1-0.2+1.3-0.1+1.2

+5.0-0.5+5.5-1.3+6.3

+1.8-3.2+5.0-3.3+5.1

-0.7-2.2+1.5-3.5+2.9

15d

+1.4-9.5+10.9-12.0+13.4

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 53Pending

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

AI summary

Permanent Magnets Limited has appointed Mr. Ayush Kumar Jain as Chief Financial Officer effective October 1, 2026. He replaces Mr. Sukhmal Jain, who resigned as CFO with effect from September 30, 2026. Mr. Ayush Kumar Jain is a Chartered Accountant and Company Secretary with over 9 years of finance experience and currently serves as General Manager Finance at the company.

Likely market impact

Smooth internal transition. New CFO is a known insider from the finance team, suggesting continuity in financial management.