SHKNSES H Kelkar and Company Limited· Chemicals & PetrochemicalsHighNegative
Announced Thu, 3 Jul, 2025 · 16:57 IST

S H Kelkar and Company Limited has informed the Exchange about change in Management- Resignation of Mr. Rohit Saraogi, Group Chief Financial Officer.

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

SHK · 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
+0.4%Reaction day
₹234.00
prior close
₹234.02
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.0% vs market
Specialty Chemicals peers, median of 83sector-0.2%+0.6% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.6 pts more 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
5m
+1.1
10m
+1.5
15m
+1.9
30m
+0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.4+0.4+0.0-0.2+0.6
Next day
+0.2-0.1+0.3-0.6+0.8
2d
-1.7-0.2-1.5-0.8-0.9
3d
-0.9+0.3-1.2-0.8-0.1
4d
-1.3+0.7-2.0-1.2-0.1
5d
-2.4+0.2-2.6-2.0-0.4
1w
-0.3+1.6-1.8-1.2+0.9
15d
+12.0-0.9+12.9-3.7+15.6
1m
+7.2-2.1+9.3-5.0+12.2
2m
+13.9-2.6+16.5-8.6+22.5
3m
+2.5-3.1+5.6-10.6+13.1
UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 83Pending

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

AI summary

S H Kelkar and Company Limited has informed the stock exchanges about the resignation of Mr. Rohit Saraogi from the position of Group Chief Financial Officer and Key Managerial Personnel. He is stepping down to pursue another career opportunity and has confirmed there is no other material reason for his departure. His resignation will take effect from the close of business hours on July 30, 2025, giving roughly a four-week transition window. He will also cease to be the KMP authorised to determine materiality of disclosures under SEBI's Listing Regulations. The disclosure has been made under Regulation 30 of SEBI's Listing Regulations, with his resignation letter enclosed as Annexure II.

Likely market impact

This is an orderly, pre-announced exit of a senior financial leader with a clear transition period and no governance red flags, so near-term disruption risk is limited. Shareholders should watch for the timely appointment of a new Group CFO, as the role is critical for financial reporting, strategy execution, and investor communication.