CFO Kushagra Gupta resigns effective 4 November 2026

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+7.8%Reaction day

₹14.83

prior close

₹15.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.2%+5.6% vs market

Edible Oil peers, median of 24sector+0.7%+7.2% vs sector

On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 7.2 pts more than its Edible Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+7.8+2.2+5.6+0.7+7.2

Next day

+11.3+3.3+7.9+2.1+9.1

+9.4pendingpending+3.2+6.1

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UpDownMarket · Nifty Microcap 250Sector · Edible Oil peers, median of 24Pending

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

AI summary

Prima Industries Ltd announced that Chief Financial Officer Kushagra Gupta resigned effective 4 November 2026, his last working day. He said the resignation followed reconstitution of the board after the demise of the existing Managing Director and stated there was no other material reason. The board will record his resignation.

Likely market impact

The exit leaves a finance leadership vacancy and may create short-term uncertainty. No successor was announced.