CFO and three directors resign at Sanginita Chemicals amid change in management

Cfo ResignedManagement Changes View source PDF Explain this filing

SANGINITA · price

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

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₹31.57

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Nifty Microcap 250market · in no size index; the smallest one is used-2.0%+4.0% vs market

On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

On June 5, 2026, CFO Sangitaben D. Chavda resigned citing personal reasons, while three Chavda family directors stepped down citing change in management. The resigning directors include Dineshsinh Chavada (Chairperson), Hansaben Chavada, and Vijaysinh Chavada (Whole-time Director). New management from BN Group is taking over with Anubhav Agarwal and Piyush Bichoriya as Non-Executive Directors, Gaurav Kumar Tripathi as Executive Director, Amit Kalra as new CFO, and Nidhi Dixit as Company Secretary.

Likely market impact

Full management changeover as Chavda family exits and BN Group takes charge; watch for new strategic direction and any stock price reaction.