CFO Mr. Vimal Jain resigns from Sadhana Nitrochem effective Oct 13, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SADHNANIQ · price

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

-4.1%Reaction day

₹2.41

prior close

₹2.42

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-4.9% vs market

On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250, 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

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-4.1+0.7-4.9

Next day

-6.2-1.0-5.3

-2.1-0.3-1.8

-6.6-1.9-4.7

-11.2-4.5-6.7

-14.5-5.5-9.1

-15.8-7.3-8.5

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

AI summary

Mr Vimal Rameshchandra Jain, Chief Financial Officer and President of Operations and Finance of Sadhana Nitrochem, resigned on October 13, 2026 citing personal reasons. He was also classified as a Key Managerial Personnel of the company. The board has accepted his resignation with immediate effect. The company has not yet named a successor in this filing.

Likely market impact

Sudden CFO exit can create short-term leadership uncertainty. Watch for quick replacement news, which may influence stock sentiment.