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RESPONINDNSEResponsive Industries Limited· Consumer DurablesHighNegative
Announced Tue, 13 Jan, 2026 · 15:58 IST

Responsive Industries Limited has informed the Exchange regarding Resignation of Mr Bhavneet Singh Chadha as Chief Financial Officer of the company w.e.f. January 12, 2026.

Cfo ResignedManagement Changes View source PDFExplain this filing

RESPONIND · 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
-1.3%Reaction day
₹186.00
prior close
₹186.79
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-1.3% vs market
Furniture Home Furnishing peers, median of 7sector+0.4%-1.8% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.8 pts less than its Furniture Home Furnishing 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
5m
-0.9
10m
-0.4
15m
-0.6
30m
-0.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-1.3-0.1-1.3+0.4-1.8
Next day
-1.1-0.4-0.6-2.7+1.6
2d
-1.6-1.8+0.2-2.2+0.6
3d
-3.2-4.4+1.2-5.6+2.4
4d
-8.1-5.2-3.0-6.2-2.0
5d
-8.0-3.7-4.3-5.1-2.9
1w
-9.1-5.6-3.5-8.5-0.6
15d
+1.2-0.5+1.7-3.5+4.7
1m
+1.1-0.2+1.3-4.2+5.3
2m
-15.0-10.0-5.0-16.4+1.4
3m
-17.7+0.9-18.7-12.0-5.7
UpDownMarket · Nifty Microcap 250Sector · Furniture Home Furnishing peers, median of 7Pending

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

AI summary

Mr. Bhavneet Singh Chadha has resigned from the position of Chief Financial Officer and Key Managerial Personnel of Responsive Industries Limited, effective from the close of business hours on January 12, 2026. The resignation is attributed to personal reasons, and Mr. Chadha has confirmed there are no other material reasons behind his departure. The company has appreciated his contributions during his tenure and stated it is in the process of identifying a suitable replacement for the CFO & KMP role, with a subsequent intimation to be sent to the stock exchanges. The company has complied with SEBI Regulation 30 disclosure requirements by submitting detailed annexures.

Likely market impact

CFO resignations can create short-term uncertainty around financial leadership and continuity, though the company has stated a replacement is being sought. Investors should watch for the announcement of a new CFO, as prolonged vacancy in a key financial role may raise governance or operational concerns. For now, the exit appears orderly with no disclosed material disagreements.