Announced Thu, 3 Sept · 18:23 IST

CFO change at Sampat Aluminium: Chaturvedi resigns, Deora appointed

Cfo ResignedPromoter Family Board EntryManagement Changes View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹38.25
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-5.6-2.6-1.9
Up moveDown movePending
AI summary

Sampat Aluminium's Board on September 3, 2026 accepted the resignation of CFO Shashank Shekhar Chaturvedi, who cited pre-occupation and personal commitments and confirmed no dues remain. Sanket Sanjay Deora, son of Director Sanjay Vimalbhai Deora and the company's existing Managing Director, has been appointed as new CFO. He has about 16 years of aluminium manufacturing experience and has been with the firm since 2008.

Likely market impact

Smooth handover as new CFO is already Managing Director, but promoter family taking another KMP role may raise governance concentration concerns.