Rico Auto CFO retires; Naveen Sorot appointed as new CFO

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

RICOAUTO · 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

+5.4%Reaction day

₹92.90

prior close

₹93.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+5.5% vs market

Auto Components & Equipments peers, median of 110sector-0.4%+5.8% vs sector

On the reaction day the stock moved 5.5 pts more than Nifty Microcap 250 and 5.8 pts more than its Auto Components & Equipments 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

-2.2

10m

+0.2

15m

+0.9

30m

+2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.4-0.1+5.5-0.4+5.8

Next day

+6.3-0.2+6.4-0.3+6.6

+19.7+0.4+19.3-0.2+19.9

+21.1-0.4+21.5-0.7+21.8

+24.9-0.6+25.4-1.0+25.8

+21.2-0.9+22.0-1.8+23.0

+13.5-3.0+16.5-4.2+17.6

15d

+23.7-3.9+27.5-4.0+27.7

+28.5-4.8+33.3-4.8+33.3

+37.3-7.8+45.1-8.5+45.8

+30.6-7.2+37.9-4.3+34.9

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 110Pending

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

AI summary

Board approved Q2 FY26 results and CFO change. Standalone revenue rose to Rs 461.60 cr from Rs 387.88 cr QoQ, PAT up to Rs 10.47 cr from Rs 4.54 cr. Consolidated revenue Rs 627.36 cr, PAT Rs 17.72 cr. Rakesh Kumar Sharma retired as CFO due to superannuation; Naveen Sorot, currently VP Finance, promoted as new CFO from Nov 13, 2025.

Likely market impact

Smooth internal CFO succession; strong sequential growth in revenue and profit in Q2 FY26.