Company Secretary Sonali Sanas resigns, moves to CEO role in Paints Division

Key managerial personnel resignedManagement Changes View source PDF Explain this filing

SAURASHCEM · 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

-3.7%Reaction day

₹55.30

prior close

₹56.25

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-2.1% vs market

Cement & Cement Products peers, median of 36sector-1.8%-1.9% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.9 pts less than its Cement & Cement 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

-3.1

10m

-2.6

15m

-2.6

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.7-1.6-2.1-1.8-1.9

Next day

-3.1-0.6-2.6-3.1-0.1

-1.4-0.8-0.6-2.3+0.9

-4.2-2.1-2.0-3.8-0.4

-7.8-2.1-5.7-3.6-4.2

-7.2-0.8-6.4-4.0-3.2

-9.7-3.8-5.9-6.9-2.7

15d

-13.2-6.9-6.3-7.9-5.3

-14.8-8.0-6.8-9.3-5.5

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UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 36Pending

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

AI summary

Ms. Sonali Sanas has resigned as Company Secretary and Compliance Officer of Saurashtra Cement Limited effective 25 September 2026. She is transitioning to the role of CEO of the Paints Division within the company. The Board approved her resignation on 6 August 2026, and she continued in her current role until 24 September 2026. This is an internal leadership transition.

Likely market impact

Internal transition - key compliance role vacated and to be filled. Movement of an existing KMP to a senior divisional CEO role suggests leadership continuity.