Arijit Datta named chief financial officer as Sumit Zaveri ends interim role

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

-4.8%Reaction day

₹78.70

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%-4.6% vs market

Restaurants peers, median of 11sector-0.2%-4.7% vs sector

On the reaction day the stock moved 4.6 pts less than Nifty Microcap 250 and 4.7 pts less than its Restaurants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

The board appointed Arijit Datta as chief financial officer effective October 8, 2025 and designated him as a key managerial officer. The chartered accountant has over 20 years of experience and was previously CFO of Pepe Jeans India. Sumit Zaveri ceased as interim CFO after October 7, 2025, but remains Group CFO, Chief Business Officer and a key managerial officer.

Likely market impact

This management transition provides reporting continuity, but no earnings guidance or other material financial change was disclosed.