CFO Mr Narendra Dewangan passes away

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

SMLT · price

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

-1.3%Reaction day

₹62.15

prior close

₹62.15

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-1.1% vs market

Iron & Steel Products peers, median of 101sector+0.3%-1.6% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.6 pts less than its Iron & Steel 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

-0.2

10m

-0.2

15m

-0.2

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.2-1.1+0.3-1.6

Next day

+1.4-0.1+1.4-0.4+1.8

-1.0-3.4+2.4-3.1+2.1

-3.5-3.5+0.0-3.1-0.4

-3.5-2.7-0.8-2.3-1.1

-1.2-1.1-0.1-1.3+0.1

-1.5-0.8-0.7-1.3-0.3

15d

+26.9-2.9+29.8-5.4+32.3

+24.6-3.5+28.0-4.6+29.2

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 101Pending

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

AI summary

Sarthak Metals Limited has informed BSE and NSE that its Chief Financial Officer, Mr Narendra Dewangan, passed away on 9 September 2026. He had been associated with the company and the Desraj Bansal Group for nearly two decades, initially as Head of Accounts before being recently elevated to CFO. The Board has condoled his demise. No replacement has been announced yet.

Likely market impact

Leaves a gap in finance leadership. Investors should watch for timely appointment of a new CFO to avoid disruption in financial reporting.