Intimation of Resignation of Chief Financial Officer of the Company

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

+0.8%Reaction day

₹27.23

prior close

₹27.23

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+1.2% vs market

Iron & Steel Products peers, median of 90sector-0.5%+1.4% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.4 pts more than its Iron & Steel Products 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

+1.8

10m

+1.6

15m

-0.3

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8-0.4+1.2-0.5+1.4

Next day

+0.6-1.4+2.1-2.1+2.7

-1.3-1.7+0.4-2.1+0.7

-4.0-2.6-1.4-3.2-0.8

-1.7-2.4+0.7-3.1+1.4

-0.9-2.4+1.5-3.7+2.8

-3.8-2.5-1.3-3.6-0.2

15d

-8.2-2.7-5.4-4.8-3.4

-9.1-0.5-8.6-3.2-5.9

-11.9-1.0-10.8-4.0-7.9

+1.9-1.0+2.9-5.0+6.9

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 90Pending

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

AI summary

Mr. Rajeev Kumar has resigned from the post of Chief Financial Officer (CFO) of Rathi Steel & Power Limited, effective August 4, 2025. The reason cited for his resignation is to pursue a new career opportunity. The resignation letter was originally dated July 10, 2025, and the company has made the disclosure under SEBI's Listing Regulations. The letter was signed by Abhishek Verma, Director (DIN: 08104325), on behalf of the company. No replacement CFO has been announced in this filing.

Likely market impact

The departure of a Key Managerial Personnel (KMP) may cause short-term uncertainty, particularly since no successor has been named yet. The reason given is personal career growth rather than any governance concern, which is generally viewed as a neutral-to-mildly-negative signal for small-cap investors. Shareholders should watch for a timely appointment of a new CFO to maintain financial oversight and reporting continuity.