Ram Ratna Wires announces new CFO Iqbal Singh Saggu from April 2026

Cfo ResignedManagement Changes View source PDF Explain this filing

RAMRAT · price

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

+10.6%Reaction day

₹295.55

prior close

₹323.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.6%+8.1% vs market

Other Electrical Equipment peers, median of 46sector+1.9%+8.7% vs sector

On the reaction day the stock moved 8.1 pts more than Nifty Microcap 250 and 8.7 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

+0.4

10m

-0.6

15m

+0.7

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+10.6+2.6+8.1+1.9+8.7

Next day

+8.6+3.6+5.0+3.2+5.4

+7.0+3.1+3.9+2.7+4.3

+8.3+2.6+5.7+3.3+4.9

+5.1+1.1+4.0+1.6+3.5

+7.3+0.3+6.9+0.5+6.8

+7.8+1.6+6.2+2.7+5.0

15d

+11.0-3.9+14.9-6.1+17.1

+14.7-8.1+22.8-8.9+23.6

+10.5-3.1+13.6+1.6+8.9

+47.8+9.2+38.7+17.3+30.6

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 46Pending

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

AI summary

Board approved on Feb 6, 2026. Rajeev Maheshwari steps down as CFO on March 31, 2026 and moves to SVP (Accounts and Taxation). Iqbal Singh Saggu, a Chartered Accountant with over 23 years experience in treasury, M&A, and capital structuring, joins as new CFO from April 1, 2026. Both are CAs and Maheshwari stays with the company in a senior role.

Likely market impact

Orderly CFO succession. New CFO brings M&A and capital structuring expertise. Maheshwari continues in senior finance role, ensuring continuity.