New CFO appointed - Devender Gupta joins from December 16, 2025

Cfo ResignedManagement Changes View source PDF Explain this filing

PUNJABCHEM · 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

-3.4%Reaction day

₹1276.30

prior close

₹1288.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.9%-2.5% vs market

Pesticides & Agrochemicals peers, median of 27sector-1.3%-2.1% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.1 pts less than its Pesticides & Agrochemicals 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

-1.6

10m

-1.5

15m

-1.3

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.4-0.9-2.5-1.3-2.1

Next day

-4.3-1.2-3.1-1.6-2.7

-3.2+0.0-3.3-0.4-2.8

-1.7+1.4-3.1+0.8-2.6

-2.4+1.5-3.8+2.0-4.4

-3.5+0.9-4.4+1.7-5.2

-1.0-0.4-0.6+0.9-1.9

15d

-11.5-0.3-11.3-2.9-8.7

-17.2-4.2-13.0-6.0-11.2

-18.6-1.7-17.0-7.1-11.5

-18.8-11.4-7.5-15.7-3.1

UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 27Pending

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

AI summary

Mr. Devender Gupta has been appointed as the new Chief Financial Officer effective December 16, 2025, replacing Mr. Vikash Khanna who resigned. He is a Chartered Accountant aged about 53 years with over 28 years of experience in financial management, fund raising, mergers and acquisitions, business restructuring, and strategic planning. He previously worked with Panacea Biotec, Jubilant Lifesciences, and Veetee Fine Foods.

Likely market impact

New CFO brings 28+ years of finance expertise. Smooth transition after prior CFO exit. Monitor near-term financial reporting.