Jagdish Agarwal appointed Group CFO from December 2, 2025

Management Changes View source PDF Explain this filing

SHK · price

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

-13.7%Reaction day

₹217.81

prior close

₹205.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-13.3% vs market

Specialty Chemicals peers, median of 85sector-0.6%-13.1% vs sector

On the reaction day the stock moved 13.3 pts less than Nifty Microcap 250 and 13.1 pts less than its Specialty Chemicals 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

-1.5

10m

-3.2

15m

-3.5

30m

-4.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-13.7-0.4-13.3-0.6-13.1

Next day

-15.2-0.6-14.6-1.3-13.9

-17.0+0.3-17.3+0.2-17.3

-20.3+0.2-20.5-0.3-20.0

-22.2+0.1-22.3-1.4-20.8

-19.3+0.7-20.0-1.6-17.8

-19.2-0.3-18.9-3.3-15.9

15d

-20.9-2.0-18.9-5.9-15.0

-25.0-5.7-19.3-8.1-16.9

-21.0-7.8-13.2-12.3-8.8

-20.1-4.6-15.5-10.9-9.2

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 85Pending

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

AI summary

The board appointed Jagdish Agarwal as Group Chief Financial Officer and an authorized key managerial person from December 2, 2025. Deepti Chandratre remains listed as interim CFO and also becomes global legal counsel and company secretary from that date. Other authorized key managerial personnel remain unchanged.

Likely market impact

This is a finance leadership update. No financial terms were disclosed, so the direct effect on earnings or the stock price is unclear.