CFO and CEO resign; Sanjay Rajput appointed new CFO

Ceo ResignedCeo Appointed ExternalCfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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

+2.6%Reaction day

₹380.00

prior close

₹395.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+3.8% vs market

Non Banking Financial Company (NBFC) peers, median of 200sector-0.8%+3.4% vs sector

On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 3.4 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

+7.1

10m

+4.8

15m

+4.2

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6-1.1+3.8-0.8+3.4

Next day

+3.7-0.1+3.8-0.3+4.0

-0.8+0.4-1.1-0.1-0.6

-2.8-0.1-2.7-0.6-2.1

+0.8+0.9-0.1-0.5+1.3

+4.4+1.9+2.5+1.4+3.0

+4.9+1.1+3.8+0.0+4.9

15d

-1.4+0.2-1.7-0.3-1.2

+1.5+0.7+0.7-0.1+1.5

+5.3-4.0+9.2-4.5+9.7

+5.3-7.0+12.2-8.1+13.4

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 200Pending

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

AI summary

Mr Sahil Sikka resigned as CFO and COO effective December 31, 2025, and finance leader Sanjay Rajput becomes CFO from January 1, 2026. Mr Sorabh Dhawan also resigned as CEO after November 3, 2025; external banking executive Vinay Gupta is expected to join as CEO by November 24. Q2 FY26 profit rose to Rs 28.40 crore from Rs 24.52 crore, with basic EPS of Rs 5.08.

Likely market impact

Leadership changes may create short-term uncertainty, but the internal CFO promotion supports continuity. Q2 profit rose about 16% year on year.