CFO Balasubramanian R resigns; CS Ganesan Nilakanatan appointed as new CFO

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

SHINDL · 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

+1.4%Reaction day

₹162.50

prior close

₹174.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+1.6% vs market

Seafood peers, median of 7sector+0.0%+1.4% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.4 pts more than its Seafood 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

-6.7

10m

-7.1

15m

-7.6

30m

-7.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4-0.2+1.6+0.0+1.4

Next day

-0.4+0.2-0.6-1.4+0.9

+0.3+0.4-0.0-0.2+0.5

+1.5+0.4+1.1+2.3-0.7

-1.7+0.6-2.3+0.3-2.0

-2.1+0.9-3.0-0.5-1.6

+0.3+0.9-0.6-0.8+1.1

15d

-1.2+0.9-2.1+0.4-1.6

+1.4+2.3-0.9-2.6+4.0

-2.5-1.1-1.4-5.9+3.4

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UpDownMarket · Nifty Microcap 250Sector · Seafood peers, median of 7Pending

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

AI summary

Board on 10 Aug 2026 approved Q1 FY27 results. Revenue was Rs 12,021 lakhs and profit after tax Rs 627.97 lakhs, up from Rs 537 lakhs in Q1 FY26. EPS stood at Rs 1.60. CFO Mr Balasubramanian R resigned for personal reasons effective 10 Aug 2026. Mr Ganesan Nilakanatan, the existing Company Secretary, was appointed CFO in addition to his current role. He is 62, a qualified CS, Cost Accountant and ACMA UK with over 35 years of finance experience.

Likely market impact

Smooth leadership transition as in-house CS doubles up as CFO. Q1 results show solid profit growth. Resignation cited personal reasons, not a governance red flag.