CFO resigns, new CFO and Independent Director appointed, ED re-appointed

Cfo ResignedManagement Changes View source PDF Explain this filing

SEAMECLTD · 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

+1.0%Reaction day

₹1539.20

prior close

₹1504.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+0.9% vs market

Shipping peers, median of 8sector-1.3%+2.2% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 2.2 pts more than its Shipping 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

+1.1

10m

+1.5

15m

+1.8

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.1+0.9-1.3+2.2

Next day

+1.4+0.2+1.2-2.2+3.5

+2.6+0.6+2.1-0.1+2.8

+6.8-0.0+6.8-0.6+7.4

+9.5+0.5+9.0-1.0+10.5

+8.6+0.8+7.9+0.4+8.2

+7.1+0.6+6.6-1.9+9.0

15d

+16.7+1.3+15.4+0.6+16.1

+12.5-1.4+13.9-3.0+15.6

+10.0-0.6+10.6-7.5+17.5

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UpDownMarket · Nifty Microcap 250Sector · Shipping peers, median of 8Pending

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

AI summary

CFO Vinay Kumar Agarwal resigned on Aug 13 to pursue other opportunities. Ashok Kumar Verma, a Chartered Accountant with 23+ years at listed firms like PDS Limited, Raymond and Sterlite Technologies, takes over as new CFO. Naveen Mohta re-appointed as Executive Director for 60 months from Sept 1. Rajesh Kumar Yaduvanshi, former ED of PNB and Dena Bank, joins as Independent Director.

Likely market impact

Smooth transition with experienced finance leader replacing outgoing CFO; banking veteran strengthens board independence.