CFO Lokesh Chandak resigns; Shashank Srowthy appointed successor

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

PGHL · 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

-0.5%Reaction day

₹6360.00

prior close

₹6399.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%-1.1% vs market

Pharmaceuticals peers, median of 154sector+0.1%-0.6% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.6 pts less than its Pharmaceuticals 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

-0.8

10m

-0.4

15m

+0.0

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.6-1.1+0.1-0.6

Next day

-1.3+0.4-1.7+0.3-1.6

+0.3+0.8-0.4+0.2+0.2

-1.7+0.0-1.7-0.6-1.1

-1.0-0.3-0.7-0.9-0.1

-1.3-0.6-0.7-1.1-0.3

-1.1-3.8+2.7-4.0+2.9

15d

-4.1-2.9-1.1-3.5-0.6

-1.8-2.9+1.1-4.1+2.3

-6.9-1.5-5.4-4.9-2.0

-9.9-8.1-1.9-8.0-1.9

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 154Pending

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

AI summary

Lokesh Chandak resigned as Director and Chief Financial Officer effective September 30, 2025, to take a senior finance assignment within P&G. The board appointed Shashank Srowthy as CFO and additional Executive Director from October 1, 2025. Srowthy has 14 years of P&G finance experience; his directorship needs government and shareholder approval.

Likely market impact

This internal P&G succession supports continuity, but investors should monitor the handover and director approval process.