SADHNANIQNSESADHANA NITROCHEM LIMITEDHighNegative
Announced Tue, 13 Oct, 2026 · 16:14 IST

Sadhana Nitrochem CFO Vimal Jain resigns citing personal reasons

Cfo ResignedManagement Changes View source PDFExplain this filing

SADHNANIQ · 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
-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
2d
-2.1-0.3-1.8
3d
-6.6-1.9-4.7
4d
-11.2-4.5-6.7
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-14.5-5.5-9.1
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-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

Sadhana Nitrochem Limited informed exchanges that its Chief Financial Officer, Mr. Vimal Rameshchandra Jain, resigned effective October 13, 2026, citing personal reasons. He also served as President Operations and Finance. The resignation letter was dated October 7 and accepted the same day it was received. No successor has been named in this filing.

Likely market impact

Sudden CFO exit at a small-cap chemicals firm with no named replacement; may raise short-term governance and continuity concerns for shareholders.