CFO Mr. Shashvat Arvindbhai Shah resigns effective 25 Aug 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SAGARDEEP · 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

-1.6%Reaction day

₹23.80

prior close

₹23.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.9% vs market

Aluminium Copper & Zinc Products peers, median of 9sector-0.2%-1.4% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.4 pts less than its Aluminium Copper & Zinc Products 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

—

10m

—

15m

—

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.3-1.9-0.2-1.4

Next day

+0.3+0.5-0.2-0.5+0.8

-1.3+0.1-1.3-1.4+0.1

-0.2+0.7-0.9-0.8+0.6

+0.0+0.4-0.4-2.6+2.6

-0.8+0.7-1.5-0.7-0.1

-0.1+0.1-0.1-2.8+2.7

15d

+1.2+1.5-0.2+0.0+1.2

-0.5+0.3-0.7-2.8+2.3

+13.4-6.2+19.6-8.9+22.3

—————

UpDownMarket · Nifty Microcap 250Sector · Aluminium Copper & Zinc Products peers, median of 9Pending

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

AI summary

Mr. Shashvat Arvindbhai Shah, Chief Financial Officer and Key Managerial Personnel of Sagardeep Alloys, has resigned effective 25 August 2026 citing better career growth and new professional opportunities. His last working day is 25 August 2026. No replacement has been announced in this filing.

Likely market impact

CFO exit may raise short-term governance questions; watch for timely replacement announcement.