CFO change at Sandur Manganese and Iron Ores

Management Changes View source PDF Explain this filing

SANDUMA · 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

-0.3%Reaction day

₹204.26

prior close

₹204.95

announcement price

After-mkt

timing

Nifty Microcap 250market+1.4%-1.7% vs market

Iron & Steel peers, median of 10sector+1.1%-1.4% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.4 pts less than its Iron & Steel 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

+0.9

10m

+0.9

15m

+1.0

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+1.4-1.7+1.1-1.4

Next day

-0.6+1.5-2.1+0.6-1.1

-2.1+0.5-2.6+0.4-2.6

-1.8+1.1-3.0+0.4-2.2

-2.9+0.7-3.5-0.1-2.8

-4.1-0.4-3.7-0.4-3.7

-3.1+0.5-3.7+1.0-4.1

15d

+4.2+0.1+4.1+2.3+1.8

+0.3+3.5-3.2+3.2-2.9

-3.9+5.8-9.8+7.1-11.0

-12.9+2.4-15.2-3.7-9.2

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel peers, median of 10Pending

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

AI summary

Sandur Manganese and Iron Ores has appointed Manoj Kumar Jha as the new Chief Financial Officer effective 9 July 2026. He takes on the role in addition to his existing position as Chief Risk Officer. The previous CFO, Uttam Kumar Bhageria, steps down from the CFO position but continues to perform other roles in the company. Manoj Jha is a Chartered Accountant with over 30 years of experience, having previously worked with the Tata Group, Adani Group, Olam International, and others in senior finance and leadership roles.

Likely market impact

Planned leadership succession aimed at strengthening governance. Likely neutral for the stock as the outgoing CFO stays in other roles.