Saregama appoints Abhishek Kapoor as CFO, Kuldeep Kothari as interim CFO

Cfo ResignedManagement Changes View source PDF Explain this filing

SAREGAMA · price

Loading chart…

▲ 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

-1.0%Reaction day

₹473.95

prior close

₹463.50

announcement price

In-mkt

timing

Nifty Smallcap 250market+0.2%-1.3% vs market

Media & Entertainment peers, median of 12sector-0.5%-0.6% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Smallcap 250 and 0.6 pts less than its Media & Entertainment 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

-0.3

10m

-0.3

15m

-0.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.2-1.3-0.5-0.6

Next day

+1.3-0.2+1.6-0.7+2.0

+4.6-0.7+5.3-2.9+7.5

+4.1-0.2+4.3-3.1+7.2

+3.6+0.3+3.3-2.0+5.6

+4.1+1.3+2.8-2.0+6.2

+3.2+1.9+1.3-2.2+5.4

15d

+3.2+2.0+1.1-3.7+6.8

+4.8-0.8+5.6-1.9+6.6

+8.0+3.5+4.4-4.7+12.7

+5.3+2.3+3.0-5.2+10.5

UpDownMarket · Nifty Smallcap 250Sector · Media & Entertainment peers, median of 12Pending

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

AI summary

Saregama India has appointed Mr. Abhishek Kapoor as the new Chief Financial Officer effective July 15, 2026. Mr. Kuldeep Kothari, a 23-year finance veteran with 7 years at Saregama, will serve as Interim CFO from June 24 to July 14 to ensure continuity. Kapoor is a Chartered Accountant and IIM Kozhikode alumni, currently CFO of Sula Vineyards, with 25 plus years of experience in listed companies and consumer sectors.

Likely market impact

Smooth CFO transition with experienced external hire; interim CFO ensures no gap. Generally positive for governance.