Announced Wed, 15 Jul, 2026 · 18:20 IST

SBFC Finance CFO Narayan Barasia resigns; Sanket Agrawal appointed as new CFO

Cfo ResignedManagement Changes View source PDF Explain this filing

SBFC · 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

+0.9%Reaction day

₹93.20

prior close

₹93.20

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.1%+0.8% vs market

Non Banking Financial Company (NBFC) peers, median of 217sector+0.0%+0.9% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 0.9 pts more than its Non Banking Financial Company (NBFC) 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

+0.7

10m

+0.2

15m

+0.3

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9+0.1+0.8+0.0+0.9

Next day

+0.9-0.5+1.4+0.0+0.9

+0.9-0.4+1.3-0.0+1.0

+0.5+0.0+0.5-0.5+1.0

-0.9-1.3+0.3-0.7-0.2

-2.2-2.5+0.3-1.2-1.0

-3.1-1.5-1.6-0.7-2.4

15d

+2.4+1.4+1.0-0.5+2.9

+0.9+1.2-0.3-1.0+1.8

+0.5-1.3+1.8-1.8+2.3

-8.6-2.5-6.0-3.8-4.7

UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 217Pending

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

AI summary

SBFC Finance announced a CFO change at its 15 July 2026 board meeting. Mr. Narayan Barasia resigned as CFO and Key Managerial Personnel effective 15 July to pursue an entrepreneurial career in manufacturing. He was a co-founder who joined in October 2018. Mr. Sanket Agrawal, currently Chief Strategy Officer and IR, was appointed as new CFO from 16 July 2026. Agrawal is a Chartered Accountant and Harvard alumnus with 13 plus years of experience, including seven years at Deloitte.

Likely market impact

Smooth internal succession as current CSO takes over as CFO. Co-founder exit for personal venture, no governance concerns flagged.