CFO appointment effective date to be intimated on joining

Management Changes View source PDF Explain this filing

SHANTIGEAR · 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

-1.1%Reaction day

₹444.85

prior close

₹440.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.9%-3.0% vs market

Industrial Products peers, median of 130sector+0.8%-1.9% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 1.9 pts less than its Industrial 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

+0.8

10m

+0.7

15m

+0.9

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.1+1.9-3.0+0.8-1.9

Next day

-1.1+0.4-1.5-0.1-1.0

-0.8-0.7-0.0-0.9+0.1

-1.1+2.3-3.3+0.9-1.9

+0.7+4.1-3.4+2.2-1.5

+2.1+4.6-2.6+2.8-0.8

+1.7+6.3-4.6+2.5-0.8

15d

+0.9+7.5-6.6+3.7-2.8

+0.5+7.4-6.9+3.3-2.8

-10.5+11.2-21.6+5.5-16.0

+56.2+13.9+42.3+4.6+51.6

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 130Pending

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

AI summary

Shanthi Gears has clarified that Mr. Sudhir R, who was appointed as Chief Financial Officer on 04 June 2026, will have his effective date intimated to the exchange upon his date of joining the company. This is a follow-up to the company's earlier letter dated 04 June 2026 regarding his appointment.

Likely market impact

Routine disclosure clarifying CFO appointment timeline; no material impact on shareholders.