Resignation of Chief Financial Officer (CFO)

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

Price

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

-2.4%Reaction day

₹0.41

prior close

₹0.41

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-2.1% vs market

Telecom - Cellular & Fixed line services peers, median of 6sector+0.1%-2.6% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.6 pts less than its Telecom - Cellular & Fixed line services 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

+2.4

10m

+2.4

15m

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30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-0.3-2.1+0.1-2.6

Next day

-2.4-0.5-1.9+2.9-5.3

-2.4-0.8-1.6+2.4-4.8

-2.4-0.6-1.8+2.3-4.8

-2.4+0.1-2.5+2.2-4.6

-4.9-0.5-4.4+0.5-5.3

-2.4-0.6-1.8-0.6-1.9

15d

-4.9+1.3-6.1+6.8-11.7

-4.9-0.2-4.6+4.6-9.5

-7.3-6.8-0.5+7.7-15.0

+14.6-3.4+18.1+9.1+5.5

UpDownMarket · Nifty Microcap 250Sector · Telecom - Cellular & Fixed line services peers, median of 6Pending

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

AI summary

Mr. Anuj Ohri has resigned as Chief Financial Officer of Quadrant Televentures Ltd, with his notice period ending on October 5, 2025. He cited personal reasons for his departure, and the company has confirmed there are no other material reasons disclosed in his resignation letter. Notably, the company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated September 2, 2025. The resignation has been communicated to BSE under SEBI Listing Regulations.

Likely market impact

The exit of the CFO during an ongoing insolvency resolution process may add to governance uncertainty for shareholders. Loss of a key finance leader during CIRP could complicate financial reporting, creditor interactions, and the resolution timeline, which may weigh negatively on investor sentiment.